Fintel (LON:FNTL) Shares Down 2.8% – Should You Sell?

Fintel Plc (LON:FNTL) was down 2.8% on Monday . The company traded as low as GBX 192 and last traded at GBX 193.50. Approximately 320,784 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 261,199 shares. The stock had previously closed at GBX 199.

Fintel Price Performance

The firm has a 50-day moving average of GBX 227.34 and a 200-day moving average of GBX 222.36. The company has a debt-to-equity ratio of 39.74, a quick ratio of 0.85 and a current ratio of 0.86. The firm has a market capitalization of £201.61 million, a P/E ratio of 32.25 and a beta of 0.66.

Insider Buying and Selling at Fintel

In other Fintel news, insider Phil Smith acquired 34,232 shares of the company’s stock in a transaction that occurred on Monday, January 19th. The shares were bought at an average cost of GBX 219 per share, with a total value of £74,968.08. Also, insider Matthew Lloyd Timmins acquired 49,333 shares of Fintel stock in a transaction that occurred on Wednesday, January 21st. The stock was acquired at an average price of GBX 243 per share, with a total value of £119,879.19. Insiders bought 320,114 shares of company stock valued at $75,548,187 in the last 90 days. Company insiders own 30.86% of the company’s stock.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions. We serve our customers through three core divisions:

The Intermediary Services division provides technology, compliance, and regulatory support to thousands of intermediary businesses through a comprehensive membership model.