FDM Group (LON:FDM) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

FDM Group (Holdings) plc (LON:FDMGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 120.47 and traded as low as GBX 117. FDM Group shares last traded at GBX 118, with a volume of 512,280 shares traded.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of FDM Group in a report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 145.

View Our Latest Stock Report on FDM

FDM Group Stock Down 0.4%

The company has a market capitalization of £130.73 million, a PE ratio of 22.99 and a beta of 1.10. The firm’s 50-day simple moving average is GBX 107.55 and its 200 day simple moving average is GBX 120.47. The company has a debt-to-equity ratio of 38.18, a quick ratio of 2.24 and a current ratio of 2.48.

Insider Activity at FDM Group

In related news, insider Michael (Mike) McLaren bought 7,562 shares of the stock in a transaction on Tuesday, June 2nd. The shares were bought at an average cost of GBX 118 per share, for a total transaction of £8,923.16. Also, insider Andrew (Andy) Brown bought 7,562 shares of the stock in a transaction on Tuesday, June 2nd. The shares were bought at an average price of GBX 118 per share, for a total transaction of £8,923.16. Insiders have bought 34,446 shares of company stock worth $4,064,628 over the last three months. 17.84% of the stock is currently owned by company insiders.

FDM Group Company Profile

(Get Free Report)

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.

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