FDM Group (Holdings) plc (LON:FDM - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 391.62 ($5.24) and traded as low as GBX 385.50 ($5.16). FDM Group shares last traded at GBX 390 ($5.22), with a volume of 99,581 shares traded.
Analyst Ratings Changes
FDM has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their price target on FDM Group from GBX 365 ($4.89) to GBX 430 ($5.76) and gave the company a "hold" rating in a research note on Thursday, August 1st. Shore Capital reiterated a "house stock" rating on shares of FDM Group in a research report on Thursday, June 6th.
View Our Latest Stock Report on FDM
FDM Group Price Performance
The stock has a market cap of £420.27 million, a P/E ratio of 1,402.77 and a beta of 0.97. The business has a 50-day simple moving average of GBX 410.34 and a 200 day simple moving average of GBX 391.62. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75.
FDM Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 10th will be issued a GBX 10 ($0.13) dividend. This represents a yield of 2.42%. The ex-dividend date is Thursday, October 10th. FDM Group's payout ratio is presently 10,357.14%.
Insider Buying and Selling at FDM Group
In other news, insider Michael (Mike) McLaren bought 126 shares of the company's stock in a transaction that occurred on Wednesday, September 11th. The shares were acquired at an average price of GBX 395 ($5.29) per share, for a total transaction of £497.70 ($666.44). In related news, insider Sheila Flavell purchased 238 shares of FDM Group stock in a transaction on Monday, August 12th. The stock was acquired at an average cost of GBX 418 ($5.60) per share, for a total transaction of £994.84 ($1,332.14). Also, insider Michael (Mike) McLaren purchased 126 shares of the firm's stock in a transaction on Wednesday, September 11th. The stock was bought at an average cost of GBX 395 ($5.29) per share, with a total value of £497.70 ($666.44). In the last 90 days, insiders bought 605 shares of company stock valued at $249,028. 17.90% of the stock is currently owned by company insiders.
About FDM Group
(
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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.
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