Fintel (LON:FNTL) Trading Down 2.4% – Time to Sell?

Fintel Plc (LON:FNTL) dropped 2.4% on Thursday . The stock traded as low as GBX 277 ($3.47) and last traded at GBX 279 ($3.50). Approximately 29,984 shares were traded during trading, a decline of 86% from the average daily volume of 217,852 shares. The stock had previously closed at GBX 286 ($3.59).

Fintel Stock Up 0.7 %

The firm has a market capitalization of £292.77 million, a PE ratio of 4,683.33 and a beta of 1.17. The stock has a 50-day simple moving average of GBX 274.47 and a 200-day simple moving average of GBX 295.90. The company has a quick ratio of 0.85, a current ratio of 0.75 and a debt-to-equity ratio of 17.69.

Fintel Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, September 26th were given a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.38%. Fintel’s dividend payout ratio is presently 6,666.67%.

About Fintel

Fintel Plc engages in the provision of intermediary services and distribution channels to the retail financial services sector in the United Kingdom. It operates through three segments: Intermediary Services, Distribution Channels, and Fintech and Research. The Intermediary Services segment provides compliance and regulation services to individual financial intermediary member firms, including directly authorized IFAs, mortgage advisers, and wealth managers, as well as workplace consultants.