Fintel (LON:FNTL) Trading Down 2.4% – Should You Sell?

Shares of Fintel Plc (LON:FNTL) dropped 2.4% during mid-day trading on Friday . The stock traded as low as GBX 290 ($3.66) and last traded at GBX 290 ($3.66). Approximately 45,380 shares were traded during trading, a decline of 78% from the average daily volume of 210,875 shares. The stock had previously closed at GBX 297 ($3.75).

Fintel Stock Down 2.4 %

The company has a market cap of £302.15 million, a price-to-earnings ratio of 4,833.33 and a beta of 1.17. The company has a debt-to-equity ratio of 17.69, a current ratio of 0.75 and a quick ratio of 0.85. The firm has a 50-day moving average price of GBX 279.89 and a 200 day moving average price of GBX 294.84.

Fintel Cuts Dividend

The company also recently disclosed 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. This represents a yield of 0.38%. The ex-dividend date of this dividend was Thursday, September 26th. Fintel’s payout ratio is 6,666.67%.

Fintel Company Profile

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.