Fintel (LON:FNTL) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Fintel Plc (LON:FNTL) shares crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 179.57 and traded as high as GBX 184.50. Fintel shares last traded at GBX 182.50, with a volume of 202,790 shares trading hands.

Fintel Trading Up 2.5%

The stock has a market cap of £191.19 million, a price-to-earnings ratio of 36.70 and a beta of 0.60. The company has a debt-to-equity ratio of 44.07, a quick ratio of 0.85 and a current ratio of 0.72. The company’s 50 day simple moving average is GBX 179.14 and its two-hundred day simple moving average is GBX 188.65.

Fintel (LON:FNTL) last posted its quarterly earnings results on Tuesday, September 15th. The company reported GBX 5.90 EPS for the quarter. Fintel had a net margin of 9.26% and a return on equity of 7.29%. Research analysts expect that Fintel Plc will post 13.91 EPS for the current fiscal year.

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.