Fintel (LON:FNTL) Trading Down 3% – Should You Sell?

Fintel Plc (LON:FNTL)’s share price dropped 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 Trading Down 3.0%

The firm’s 50 day moving average is GBX 223.74 and its 200 day moving average is GBX 224.38. The company has a market cap of £239.64 million, a PE ratio of 38.33 and a beta of 1.17. The company has a debt-to-equity ratio of 17.73, a current ratio of 0.75 and a quick ratio of 0.85.

Insiders Place Their Bets

In other news, insider Phil Smith purchased 34,232 shares of Fintel stock in a transaction dated Monday, January 19th. The stock was purchased at an average cost of GBX 219 per share, for a total transaction of £74,968.08. Also, insider Matthew Lloyd Timmins acquired 49,333 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was acquired at an average price of GBX 243 per share, for a total transaction of £119,879.19. Insiders have bought a total of 320,114 shares of company stock valued at $75,548,187 over the last 90 days. Company insiders own 30.86% of the company’s stock.

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.