(VIANEWS) – Shares of ALLFUNDS GROUP (AEX-Index: ALLFG.AS) fell by a staggering 31.86% in 21 sessions from €8.57 to €5.84 at 14:09 EST on Monday, after five consecutive sessions in a row of losses. AEX-Index is jumping 1.01% to €739.21, following the last session’s downward trend.
ALLFUNDS GROUP’s last close was €5.80, 46.25% under its 52-week high of €10.79.
About ALLFUNDS GROUP
Allfunds Group plc provides B2B WealthTech platforms connecting fund houses and distributors in the United Kingdom and internationally. It operates an open-architecture platform that provides a marketplace and digital solutions matching fragmented demand for asset management products from distributors with fragmented supply of products from fund houses. Its ecosystem covers fund distribution value chain and investment cycle, including via Allfunds Connect, a suite of SaaS-enabled digital, data, and analytics tools. The company also provides asset holding, banking and investment, representation, computer programming and technology development, and institutional intermediation services, as well as research and regulatory services. Allfunds Group plc was founded in 2000 and is based in London, the United Kingdom.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.09%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 2.83B for the twelve trailing months.
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