FDM Group (LON:FDM) Hits New 12-Month Low – Here’s Why

FDM Group (Holdings) plc (LON:FDM) hit a new 52-week low on Thursday . The company traded as low as GBX 203 ($2.73) and last traded at GBX 207.53 ($2.79), with a volume of 290083 shares trading hands. The stock had previously closed at GBX 211 ($2.84).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of FDM Group in a research note on Wednesday, March 19th.

FDM Group Trading Up 1.4%

The business has a fifty day moving average of GBX 225.84 and a 200-day moving average of GBX 248.84. The stock has a market capitalization of £230.35 million, a price-to-earnings ratio of 7.57 and a beta of 0.97. The company has a debt-to-equity ratio of 28.75, a current ratio of 2.31 and a quick ratio of 2.24.

FDM Group (LON:FDM) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 23 ($0.31) earnings per share for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. On average, equities analysts anticipate that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

Insider Buying and Selling

In other FDM Group news, insider Sheila Flavell acquired 429 shares of the firm’s stock in a transaction on Wednesday, April 9th. The stock was purchased at an average cost of GBX 233 ($3.13) per share, for a total transaction of £999.57 ($1,344.23). Also, insider Roderick (Rod) Flavell acquired 427 shares of the firm’s stock in a transaction on Thursday, May 8th. The shares were acquired at an average price of GBX 234 ($3.15) per share, with a total value of £999.18 ($1,343.71). In the last quarter, insiders have purchased 9,519 shares of company stock valued at $2,125,713 and have sold 40,514 shares valued at $9,156,164. 17.79% of the stock is currently owned by company 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.