Fintel (LON:FNTL) Shares Up 9.6% – What’s Next?

Fintel Plc (LON:FNTL) traded up 9.6% during trading on Wednesday . The company traded as high as GBX 287 ($3.72) and last traded at GBX 285 ($3.70). 101,349 shares were traded during mid-day trading, a decline of 55% from the average session volume of 227,740 shares. The stock had previously closed at GBX 260 ($3.37).

Fintel Trading Up 9.6 %

The company has a debt-to-equity ratio of 17.69, a quick ratio of 0.85 and a current ratio of 0.75. The stock has a market cap of £296.94 million, a P/E ratio of 4,750.00 and a beta of 1.17. The firm’s fifty day simple moving average is GBX 281.43 and its 200-day simple moving average is GBX 296.07.

Fintel Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, September 26th will be paid a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 26th. Fintel’s dividend payout ratio is presently 6,666.67%.

About Fintel

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.