FDM Group (LON:FDM) Announces Earnings Results

FDM Group (LON:FDM - Get Free Report) released its quarterly earnings data on Thursday. The company reported GBX 23 ($0.30) EPS for the quarter, Digital Look Earnings reports. FDM Group had a return on equity of 42.26% and a net margin of 10.34%.

FDM Group Stock Up 7.1 %

Shares of FDM Group stock traded up GBX 18 ($0.23) during trading hours on Monday, hitting GBX 270 ($3.49). 827,800 shares of the company's stock traded hands, compared to its average volume of 566,148. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75. FDM Group has a twelve month low of GBX 211 ($2.73) and a twelve month high of GBX 472 ($6.10). The stock has a 50 day simple moving average of GBX 238.99 and a 200-day simple moving average of GBX 312.66. The company has a market cap of £294.76 million, a PE ratio of 9.69 and a beta of 0.97.

FDM Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 5th will be given a GBX 12.50 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 5%. FDM Group's payout ratio is currently 104.05%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "house stock" rating on shares of FDM Group in a report on Wednesday, March 19th.

Insider Activity at FDM Group

In related news, insider Michael (Mike) McLaren bought 212 shares of the company's stock in a transaction dated Thursday, February 6th. The stock was bought at an average price of GBX 235 ($3.04) per share, with a total value of £498.20 ($643.75). Also, insider Sheila Flavell bought 338 shares of the business's stock in a transaction dated Thursday, January 9th. The stock was bought at an average price of GBX 295 ($3.81) per share, for a total transaction of £997.10 ($1,288.41). Over the last 90 days, insiders acquired 775 shares of company stock valued at $199,255. Insiders own 17.79% of the company's stock.

FDM Group Company Profile

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.