FD Technologies (LON:FDP) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

FD Technologies plc (LON:FDP)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,889.23 ($25.42) and traded as high as GBX 2,435 ($32.76). FD Technologies shares last traded at GBX 2,430 ($32.70), with a volume of 55,489 shares traded.

Analyst Upgrades and Downgrades

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

FD Technologies Price Performance

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 stock has a market cap of £539.99 million, a P/E ratio of -16.83 and a beta of 0.74. The firm has a 50 day moving average price of GBX 1,993.10 and a 200 day moving average price of GBX 1,889.94.

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.