Augmentum Fintech (LON:AUGM) Shares Up 0.5% - Here's Why

Key Points

• Augmentum Fintech shares rose 0.5% on Thursday, trading at GBX 85 ($1.14) with a trading volume decline of 10% compared to the average.
• The company has a market capitalization of £142.52 million and a notably negative price-to-earnings ratio of -936.26.
• Augmentum Fintech reported a return on equity of 62.05% and a net margin of 956.37%, with an EPS of GBX (2.40) for the last quarter.

Augmentum Fintech (LON:AUGM - Get Free Report) shares were up 0.5% during trading on Thursday . The stock traded as high as GBX 86.20 ($1.17) and last traded at GBX 85 ($1.15). Approximately 334,290 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 371,992 shares. The stock had previously closed at GBX 84.60 ($1.15).

Augmentum Fintech Trading Up 1.4%

The firm has a market capitalization of £146.87 million and a price-to-earnings ratio of -964.84. The firm has a fifty day moving average price of GBX 91.19 and a 200 day moving average price of GBX 90.07.

Augmentum Fintech (LON:AUGM - Get Free Report) last announced its earnings results on Tuesday, July 1st. The company reported GBX (2.40) EPS for the quarter. Augmentum Fintech had a return on equity of 62.05% and a net margin of 956.37%.

About Augmentum Fintech

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 fintech companies includes Tide, Zopa, iwoca and RetailBook.