FD Technologies (LON:FDP) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

FD Technologies plc (LON:FDP) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,832.75 ($24.31) and traded as high as GBX 2,480 ($32.90). FD Technologies shares last traded at GBX 2,440 ($32.37), with a volume of 11,239 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital lowered shares of FD Technologies to a “hold” rating in a research report on Thursday, May 8th.

FD Technologies Trading Down 0.4%

The company’s 50-day moving average price is GBX 1,799.73 and its 200-day moving average price is GBX 1,832.75. The company has a quick ratio of 1.58, a current ratio of 1.18 and a debt-to-equity ratio of 31.67. The firm has a market cap of £539.99 million, a price-to-earnings ratio of -16.83 and a beta of 0.74.

FD Technologies Company Profile

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, which provides software to accelerate AI-driven innovation and First Derivative, providing consulting services which drive digital transformation in financial services and capital markets.