Fintel (LON:FNTL) Releases Earnings Results

Fintel (LON:FNTL) released its quarterly earnings results on Tuesday. The company reported GBX 13.20 ($0.17) EPS for the quarter, Digital Look Earnings reports. Fintel had a return on equity of 5.86% and a net margin of 8.56%.

Fintel Stock Down 3.1 %

Shares of LON FNTL traded down GBX 8 ($0.10) during mid-day trading on Thursday, reaching GBX 248 ($3.23). 47,437 shares of the company’s stock were exchanged, compared to its average volume of 236,998. The firm has a market capitalization of £260.36 million, a price-to-earnings ratio of 44.47 and a beta of 1.17. The company has a current ratio of 0.75, a quick ratio of 0.85 and a debt-to-equity ratio of 17.73. The business has a fifty day simple moving average of GBX 268.85 and a 200 day simple moving average of GBX 276.06. Fintel has a twelve month low of GBX 240.90 ($3.13) and a twelve month high of GBX 329 ($4.28).

Fintel Increases Dividend

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

Insider Buying and Selling

In related news, insider David Thompson purchased 8,064 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was purchased at an average cost of GBX 267 ($3.47) per share, for a total transaction of £21,530.88 ($28,009.47). 41.30% of the stock is owned by corporate insiders.

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.