Fintel (LON:FNTL) Shares Down 3% – Time to Sell?

Fintel Plc (LON:FNTL) shares were down 3% during mid-day trading on Friday . The company traded as low as GBX 228 and last traded at GBX 230. Approximately 73,790 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 338,321 shares. The stock had previously closed at GBX 237.

Fintel Stock Performance

The company has a quick ratio of 0.85, a current ratio of 0.75 and a debt-to-equity ratio of 17.73. The company has a market capitalization of £239.64 million, a PE ratio of 38.33 and a beta of 1.17. The stock’s fifty day simple moving average is GBX 223.74 and its 200-day simple moving average is GBX 224.29.

Insider Buying and Selling

In other Fintel news, insider Matthew Lloyd Timmins acquired 20,820 shares of the stock in a transaction dated Wednesday, January 21st. The stock was acquired at an average price of GBX 240 per share, with a total value of £49,968. Also, insider Phil Smith purchased 10,348 shares of the stock in a transaction on Wednesday, January 21st. The stock was acquired at an average price of GBX 241 per share, with a total value of £24,938.68. Over the last 90 days, insiders have bought 320,114 shares of company stock worth $75,548,187. 30.86% of the stock is owned by insiders.

About Fintel

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.