Insider Buying: FDM Group (Holdings) plc (LON:FDM) Insider Purchases 8,000 Shares of Stock

FDM Group (Holdings) plc (LON:FDM) insider Bruce Lee purchased 8,000 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The stock was acquired at an average cost of GBX 222 ($2.96) per share, with a total value of £17,760 ($23,648.47).

FDM Group Stock Down 0.7 %

Shares of LON FDM opened at GBX 219.50 ($2.92) on Friday. The business has a 50-day moving average price of GBX 232.31 and a 200 day moving average price of GBX 284.87. The stock has a market cap of £239.63 million, a PE ratio of 7.88 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 52-week low of GBX 211 ($2.81) and a 52-week high of GBX 472 ($6.28).

FDM Group (LON:FDM) last posted its quarterly earnings data on Thursday, March 20th. The company reported GBX 23 ($0.31) earnings per share for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. Equities research analysts forecast that FDM Group will post 3132.5302111 earnings per share for the current year.

FDM Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 5th will be given a dividend of GBX 12.50 ($0.17) per share. This represents a yield of 5%. The ex-dividend date of this dividend is Thursday, June 5th. FDM Group’s payout ratio is currently 104.05%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of FDM Group in a report on Wednesday, March 19th.

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.