FDM Group’s (FDM) House Stock Rating Reaffirmed at Shore Capital Group

FDM Group (LON:FDM)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital Group in a research report issued on Thursday,London Stock Exchange reports.

Several other research analysts also recently weighed in on the stock. Stifel Nicolaus dropped their target price on shares of FDM Group from GBX 174 to GBX 130 and set a “hold” rating on the stock in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of FDM Group from GBX 180 to GBX 160 and set a “buy” rating on the stock in a research report on Thursday, March 19th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 145.

FDM Group Trading Up 7.4%

Shares of LON FDM traded up GBX 7.80 during mid-day trading on Thursday, hitting GBX 112.80. 500,690 shares of the company traded hands, compared to its average volume of 627,680. The company has a quick ratio of 2.24, a current ratio of 2.48 and a debt-to-equity ratio of 38.18. FDM Group has a 1 year low of GBX 94.50 and a 1 year high of GBX 238. The stock has a market capitalization of £123.33 million, a price-to-earnings ratio of 21.69 and a beta of 1.06. The business has a 50 day moving average of GBX 109.32 and a two-hundred day moving average of GBX 128.56.

FDM Group (LON:FDM) last issued its quarterly earnings results on Wednesday, March 18th. The company reported GBX 10 earnings per share for the quarter. FDM Group had a return on equity of 10.20% and a net margin of 3.19%. On average, sell-side analysts anticipate that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

Insider Activity

In other FDM Group news, insider Michael (Mike) McLaren acquired 43,105 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The shares were purchased at an average price of GBX 116 per share, with a total value of £50,001.80. Also, insider Roderick (Rod) Flavell bought 285,175 shares of FDM Group stock in a transaction on Friday, April 17th. The stock was acquired at an average price of GBX 106 per share, with a total value of £302,285.50. 17.75% of the stock is owned by insiders.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.