FDM Group (LON:FDM) Shares Pass Below 200 Day Moving Average – Here’s What Happened

FDM Group (Holdings) plc (LON:FDM)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 331.42 ($4.27) and traded as low as GBX 218 ($2.81). FDM Group shares last traded at GBX 219 ($2.82), with a volume of 512,690 shares traded.

FDM Group Stock Up 2.5 %

The stock has a market capitalization of £245.09 million, a price-to-earnings ratio of 8.05 and a beta of 0.97. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75. The business’s 50-day moving average is GBX 259.46 and its two-hundred day moving average is GBX 331.42.

Insider Transactions at FDM Group

In related news, insider Michael (Mike) McLaren purchased 212 shares of FDM Group stock in a transaction dated Thursday, February 6th. The shares were acquired at an average price of GBX 235 ($3.03) per share, for a total transaction of £498.20 ($642.18). Also, insider Sheila Flavell purchased 338 shares of the stock in a transaction dated Thursday, January 9th. The shares were purchased at an average cost of GBX 295 ($3.80) per share, for a total transaction of £997.10 ($1,285.25). Insiders own 17.79% of the company’s stock.

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.