FDM Group (LON:FDM) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

FDM Group (Holdings) plc (LON:FDM – Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 121.21 and traded as low as GBX 105. FDM Group shares last traded at GBX 109.60, with a volume of 379,972 shares traded.

Analyst Ratings Changes

Several analysts have commented on FDM shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of FDM Group from GBX 180 to GBX 160 and set a “buy” rating for the company in a research report on Thursday, March 19th. Stifel Nicolaus cut their price objective on shares of FDM Group from GBX 174 to GBX 130 and set a “hold” rating on the stock in a research report on Thursday, March 19th. Finally, Shore Capital Group reiterated a “house stock” rating on shares of FDM Group in a research note on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 145.

Get FDM Group alerts:

Read Our Latest Stock Report on FDM

FDM Group Price Performance

The stock has a 50-day moving average price of GBX 106.83 and a two-hundred day moving average price of GBX 121.21. The company has a current ratio of 2.48, a quick ratio of 2.24 and a debt-to-equity ratio of 38.18. The stock has a market cap of £119.84 million, a price-to-earnings ratio of 21.08 and a beta of 1.10.

Insider Activity at FDM Group

In related news, insider Roderick (Rod) Flavell acquired 11,474 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was acquired at an average cost of GBX 118 per share, for a total transaction of £13,539.32. Also, insider Sheila Flavell purchased 7,848 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were purchased at an average price of GBX 118 per share, for a total transaction of £9,260.64. Insiders have purchased 362,726 shares of company stock valued at $39,293,358 over the last 90 days. Company insiders own 17.84% of the company’s stock.

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.

Recommended Stories

• Five stocks we like better than FDM Group
• The SK Hynix IPO and 2027’s AI Memory Squeeze
• Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
• Why Welltower’s Growth Story Might Outrun Its Rich Valuation
• One Short- and One Long-Term ETF for Quantum Computing Bulls

Receive News & Ratings for FDM Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FDM Group and related companies with MarketBeat.com's FREE daily email newsletter.