Fiinu Plc (LON:BANK – Get Free Report)’s share price rose 11.9% during trading on Wednesday. The company traded as high as GBX 7 and last traded at GBX 5.32. 3,066,045 shares were traded during trading, an increase of 622% from the average session volume of 424,871 shares. The stock had previously closed at GBX 4.75.
Fiinu Stock Up 11.9%
The stock has a market capitalization of £21.05 million, a PE ratio of -1.68 and a beta of 8.17. The firm’s fifty day moving average is GBX 3.16 and its 200-day moving average is GBX 5.56.
Fiinu (LON:BANK – Get Free Report) last released its earnings results on Friday, September 11th. The company reported GBX (0.54) earnings per share (EPS) for the quarter. Fiinu had a negative return on equity of 634.07% and a net margin of 65.04%.
About Fiinu
Fiinu plc is a UK-based fintech group delivering open banking-enabled infrastructure and financial services across lending and brokerage. At the heart of Fiinu’s strategy is the Plugin Overdraft®, a white-label solution that integrates seamlessly into existing banking applications, allowing customers to access arranged overdrafts without switching banks. This product addresses the needs of the 80% of UK account holders who currently lack access to overdrafts. Using real-time Open Banking data and AI-driven underwriting, Fiinu can assess affordability responsibly and provide fair overdraft limits—helping fill the £10 billion gap left by the removal of unarranged overdrafts in 2020.
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