Insider Buying: Fintel Plc (LON:FNTL) Insider Acquires £227,000 in Stock

Fintel Plc (LON:FNTL) insider Kenneth Ernest Davy acquired 100,000 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were purchased at an average price of GBX 227 ($2.93) per share, with a total value of £227,000 ($292,714.38).

Fintel Stock Performance

LON FNTL opened at GBX 218 ($2.81) on Friday. The company has a market cap of £228.87 million, a P/E ratio of 39.09 and a beta of 1.17. The company has a fifty day simple moving average of GBX 262.15 and a 200 day simple moving average of GBX 270.06. The company has a current ratio of 0.75, a quick ratio of 0.85 and a debt-to-equity ratio of 17.73. Fintel Plc has a 12-month low of GBX 216 ($2.79) and a 12-month high of GBX 329 ($4.24).

Fintel (LON:FNTL) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 13.20 ($0.17) earnings per share (EPS) for the quarter. Fintel had a net margin of 8.56% and a return on equity of 5.86%. Sell-side analysts predict 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. Shareholders of record on Thursday, May 22nd will be issued a dividend of GBX 2.45 ($0.03) per share. This is a positive change from Fintel’s previous dividend of $1.20. This represents a yield of 0.99%. The ex-dividend date is Thursday, May 22nd. Fintel’s payout ratio is currently 71.73%.

Fintel Company Profile

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.