FDM Group (LON:FDM) Reaches New 52-Week Low – Here’s Why

FDM Group (Holdings) plc (LON:FDM)’s stock price hit a new 52-week low on Thursday . The stock traded as low as GBX 214.50 ($2.77) and last traded at GBX 221.50 ($2.87), with a volume of 210979 shares traded. The stock had previously closed at GBX 221 ($2.86).

FDM Group Price Performance

The company has a fifty day moving average price of GBX 244.58 and a two-hundred day moving average price of GBX 321.06. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75. The company has a market cap of £239.11 million, a price-to-earnings ratio of 7.86 and a beta of 0.97.

Insider Buying and Selling at FDM Group

In other FDM Group news, insider Sheila Flavell bought 338 shares of the firm’s stock in a transaction dated Thursday, January 9th. The shares were bought at an average price of GBX 295 ($3.82) per share, for a total transaction of £997.10 ($1,289.74). Also, insider Michael (Mike) McLaren bought 212 shares of the stock in a transaction dated Thursday, February 6th. The stock was acquired at an average price of GBX 235 ($3.04) per share, with a total value of £498.20 ($644.42). Insiders have acquired 775 shares of company stock valued at $199,255 in the last 90 days. 17.79% of the stock is currently owned by company insiders.

FDM Group Company Profile

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.