FDM Group’s (FDM) “Overweight” Rating Reiterated at Barclays

Barclays reissued their overweight rating on shares of FDM Group (LON:FDM) in a research note issued to investors on Thursday morning, Digital Look reports. Barclays currently has a GBX 990 ($12.18) target price on the stock.

Separately, Shore Capital reaffirmed a house stock rating on shares of FDM Group in a research report on Wednesday.

LON FDM opened at GBX 930 ($11.44) on Thursday. The company has a debt-to-equity ratio of 30.86, a current ratio of 2.52 and a quick ratio of 2.38. The firm’s fifty day moving average price is GBX 920.92 and its 200 day moving average price is GBX 869.27. The company has a market capitalization of $1.02 billion and a price-to-earnings ratio of 25.00. FDM Group has a 12 month low of GBX 9.03 ($0.11) and a 12 month high of GBX 1,112 ($13.68).

The firm also recently disclosed a dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 6th will be given a dividend of GBX 18.50 ($0.23) per share. This represents a yield of 1.92%. The ex-dividend date of this dividend is Thursday, August 6th. FDM Group’s payout ratio is currently 0.91%.

FDM Group Company Profile

FDM Group (Holdings) plc, together with its subsidiaries, provides information technology (IT) services in the United Kingdom, Ireland, North America, rest of Europe, the Middle East, Africa, and the Asia Pacific. The company is involved in recruiting, training, and placing its own IT and business consultants across various technical and business disciplines, including development, testing, project management and support office, data and operations services, business analysis, business intelligence, production support, client training, and information security.

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