FD Technologies (LON:FDP) Shares Cross Below Two Hundred Day Moving Average - Time to Sell?

FD Technologies plc (LON:FDP - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,779.57 ($23.03) and traded as low as GBX 1,624 ($21.02). FD Technologies shares last traded at GBX 1,662 ($21.51), with a volume of 43,339 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of FD Technologies in a research note on Tuesday.

FD Technologies Stock Down 2.5 %

The business has a 50-day simple moving average of GBX 1,767.24 and a 200-day simple moving average of GBX 1,782.42. The company has a debt-to-equity ratio of 31.67, a quick ratio of 1.58 and a current ratio of 1.18. The company has a market cap of £384.88 million, a price-to-earnings ratio of -12.00 and a beta of 0.74.

About FD Technologies

FD Technologies plc provides software and consulting services in the United Kingdom and internationally. The company operates through three segments: KX, First Derivative, and MRP. It provides KX, a real-time decision-making engine that captures data, from various location and format; First Derivative, a capital markets consulting solutions; and MRP Prelytix platform, an enterprise-class predictive account-based marketing solution.