FDM Group (LON:FDM) Share Price Crosses Above Fifty Day Moving Average of $393.70

FDM Group (Holdings) plc (LON:FDM)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 393.70 ($4.99) and traded as high as GBX 413 ($5.24). FDM Group shares last traded at GBX 411 ($5.21), with a volume of 68,170 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of FDM Group in a research note on Thursday, June 6th.

FDM Group Trading Up 1.2 %

The firm has a market capitalization of £448.36 million, a price-to-earnings ratio of 1,110.81 and a beta of 0.89. The business has a 50 day moving average of GBX 393.70 and a two-hundred day moving average of GBX 401.18. The company has a debt-to-equity ratio of 26.32, a quick ratio of 2.24 and a current ratio of 2.63.

Insider Transactions at FDM Group

In related news, insider Michael (Mike) McLaren acquired 123 shares of the stock in a transaction dated Wednesday, June 12th. The stock was purchased at an average cost of GBX 405 ($5.14) per share, with a total value of £498.15 ($631.93). In other FDM Group news, insider Michael (Mike) McLaren bought 123 shares of FDM Group stock in a transaction dated Wednesday, June 12th. The stock was bought at an average cost of GBX 405 ($5.14) per share, with a total value of £498.15 ($631.93). Also, insider Sheila Flavell bought 289 shares of FDM Group stock in a transaction dated Thursday, April 11th. The stock was acquired at an average cost of GBX 346 ($4.39) per share, with a total value of £999.94 ($1,268.48). Insiders purchased a total of 2,515 shares of company stock valued at $1,064,452 over the last ninety days. 17.95% of the stock is currently owned by 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.