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

FDM Group (Holdings) plc (LON:FDM) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 263.50 ($3.22) and last traded at GBX 267.50 ($3.27), with a volume of 114015 shares trading hands. The stock had previously closed at GBX 264.50 ($3.24).

FDM Group Trading Up 1.9 %

The business has a 50 day simple moving average of GBX 311.81 and a 200 day simple moving average of GBX 369.75. The company has a debt-to-equity ratio of 28.75, a current ratio of 2.31 and a quick ratio of 2.24. The company has a market cap of £286.03 million, a price-to-earnings ratio of 935.71 and a beta of 0.97.

Insider Buying and Selling

In other news, insider Sheila Flavell acquired 283 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were purchased at an average cost of GBX 353 ($4.32) per share, for a total transaction of £998.99 ($1,222.31). Insiders have purchased a total of 937 shares of company stock worth $299,149 in the last 90 days. Corporate insiders own 17.79% of the company’s stock.

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.