Augmentum Fintech (LON:AUGM) Reaches New 52-Week Low – Here’s What Happened

Augmentum Fintech (LON:AUGMGet Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 85.80 ($1.11) and last traded at GBX 86 ($1.11), with a volume of 326842 shares traded. The stock had previously closed at GBX 87 ($1.13).

Augmentum Fintech Price Performance

The firm has a 50-day moving average of GBX 96.68 and a 200-day moving average of GBX 100.30. The stock has a market cap of £145.27 million and a PE ratio of 0.82.

About Augmentum Fintech

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Augmentum invests in fast growing fintech businesses that are disrupting the financial services sector.

Europe’s leading publicly listed fintech fund, Augmentum launched on the main market of the London Stock Exchange in 2018, giving businesses access to patient capital and support, unrestricted by conventional fund timelines and giving public markets investors access to a largely privately held investment sector during its main period of growth.

Their portfolio of 24 fintech companies includes Tide, Zopa, Onfido, Grover and Cushon.

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