Augmentum Fintech (LON:AUGM) Sets New 12-Month Low – Here’s What Happened

Shares of Augmentum Fintech (LON:AUGM) hit a new 52-week low on Monday . The stock traded as low as GBX 85 ($1.10) and last traded at GBX 86 ($1.11), with a volume of 284025 shares. The stock had previously closed at GBX 86 ($1.11).

Augmentum Fintech Price Performance

The company has a market cap of £144.93 million and a P/E ratio of 0.82. The stock’s 50-day moving average is GBX 95.55 and its two-hundred day moving average is GBX 99.84.

About Augmentum Fintech

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.