FDM Group (LON:FDM) Share Price Breaks Above 50 Day Moving Average – Should You Sell?

FDM Group (Holdings) plc (LON:FDM – Get Free Report) passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 107.06 and traded as high as GBX 108.60. FDM Group shares last traded at GBX 106.80, with a volume of 252,194 shares changing hands.

Analyst Ratings Changes

Several research firms have recently commented on FDM. Deutsche Bank Aktiengesellschaft lowered their price target on FDM Group from GBX 160 to GBX 155 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Shore Capital Group reiterated a “house stock” rating on shares of FDM Group in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 142.50.

Get Our Latest Report on FDM Group

FDM Group Price Performance

The stock has a market capitalization of £116.78 million, a price-to-earnings ratio of 46.43 and a beta of 1.13. The company has a debt-to-equity ratio of 37.49, a quick ratio of 2.24 and a current ratio of 2.23. The company has a 50 day moving average of GBX 107.06 and a 200 day moving average of GBX 108.11.

FDM Group (LON:FDM – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported GBX 3.80 earnings per share for the quarter. FDM Group had a return on equity of 4.84% and a net margin of 1.57%. As a group, equities research analysts anticipate that FDM Group will post 3132.53 EPS for the current year.

FDM Group Company Profile

(Get Free Report)

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. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.

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