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Augmentum Fintech (LON:AUGM) Shares Down 2.6% - Here's Why

Augmentum Fintech logo with Financial Services background

Shares of Augmentum Fintech (LON:AUGM - Get Free Report) were down 2.6% on Tuesday . The stock traded as low as GBX 98.40 ($1.34) and last traded at GBX 98.40 ($1.34). Approximately 696,337 shares changed hands during mid-day trading, an increase of 93% from the average daily volume of 360,467 shares. The stock had previously closed at GBX 101 ($1.38).

Augmentum Fintech Trading Down 0.3%

The firm has a market capitalization of £165.83 million and a P/E ratio of 0.94. The company has a 50 day simple moving average of GBX 88.62 and a two-hundred day simple moving average of GBX 93.37.

About Augmentum Fintech

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Augmentum invests in fast growing fintech businesses that are disrupting the financial services sector. Europe's leading publicly listed fintech fund, Augmentum launched on the main market of the London Stock Exchange in 2018, giving businesses access to patient capital and support, unrestricted by conventional fund timelines and giving public markets investors access to a largely privately held investment sector during its main period of growth. Their portfolio of 26 fintech companies includes Tide, Zopa, iwoca and Anyfin.

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