Kenneth Ernest Davy Purchases 100,000 Shares of Fintel Plc (LON:FNTL) Stock

Fintel Plc (LON:FNTL) insider Kenneth Ernest Davy purchased 100,000 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average cost of GBX 227 ($2.95) per share, for a total transaction of £227,000 ($294,766.91).

Fintel Trading Down 0.2 %

LON FNTL traded down GBX 0.50 ($0.01) during mid-day trading on Thursday, reaching GBX 233.50 ($3.03). 72,293 shares of the stock were exchanged, compared to its average volume of 221,493. The business’s fifty day simple moving average is GBX 263.73 and its 200 day simple moving average is GBX 271.22. The company has a debt-to-equity ratio of 17.73, a quick ratio of 0.85 and a current ratio of 0.75. The stock has a market capitalization of £245.14 million, a PE ratio of 41.87 and a beta of 1.17. Fintel Plc has a 1-year low of GBX 216 ($2.80) and a 1-year high of GBX 329 ($4.27).

Fintel (LON:FNTL) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 13.20 ($0.17) EPS for the quarter. Fintel had a return on equity of 5.86% and a net margin of 8.56%. On average, research analysts anticipate that Fintel Plc will post 13.91258 earnings per share for the current fiscal year.

Fintel Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 22nd will be paid a dividend of GBX 2.45 ($0.03) per share. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 0.99%. This is an increase from Fintel’s previous dividend of $1.20. Fintel’s dividend payout ratio is currently 71.73%.

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.