FDM Group (Holdings) plc (LON:FDM) Insider Michael (Mike) McLaren Purchases 126 Shares

FDM Group (Holdings) plc (LON:FDM) insider Michael (Mike) McLaren purchased 126 shares of FDM Group stock in a transaction on Wednesday, September 11th. The shares were purchased at an average cost of GBX 395 ($5.17) per share, with a total value of £497.70 ($650.84).

FDM Group Trading Up 1.1 %

Shares of FDM Group stock opened at GBX 400 ($5.23) on Friday. The stock has a market cap of £436.64 million, a P/E ratio of 1,428.57 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. FDM Group has a 12-month low of GBX 300 ($3.92) and a 12-month high of GBX 566 ($7.40). The business’s 50 day moving average is GBX 412.36 and its 200-day moving average is GBX 391.89.

FDM Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 10th will be given a dividend of GBX 10 ($0.13) per share. This represents a yield of 2.42%. The ex-dividend date of this dividend is Thursday, October 10th. FDM Group’s dividend payout ratio (DPR) is currently 10,357.14%.

Wall Street Analyst Weigh In

Several brokerages recently commented on FDM. Shore Capital restated a “house stock” rating on shares of FDM Group in a report on Thursday, June 6th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of FDM Group from GBX 365 ($4.77) to GBX 430 ($5.62) and gave the stock a “hold” rating in a research note on Thursday, August 1st.

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.