FDM Group (LON:FDM) Earns “House Stock” Rating from Shore Capital

FDM Group (LON:FDM)‘s stock had its “house stock” rating reiterated by analysts at Shore Capital in a research note issued to investors on Wednesday,Digital Look reports.

FDM Group Trading Up 13.5 %

Shares of FDM opened at GBX 252 ($3.28) on Wednesday. FDM Group has a 12-month low of GBX 211 ($2.74) and a 12-month high of GBX 472 ($6.14). The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75. The firm has a market capitalization of £275.11 million, a price-to-earnings ratio of 9.04 and a beta of 0.97. The stock’s 50-day moving average price is GBX 241.16 and its 200 day moving average price is GBX 317.66.

Insider Activity at FDM Group

In related news, insider Sheila Flavell acquired 338 shares of the stock in a transaction dated Thursday, January 9th. The shares were bought at an average cost of GBX 295 ($3.84) per share, for a total transaction of £997.10 ($1,296.28). Also, insider Michael (Mike) McLaren acquired 212 shares of the stock in a transaction dated Thursday, February 6th. The stock was bought at an average price of GBX 235 ($3.06) per share, for a total transaction of £498.20 ($647.69). Insiders have bought 775 shares of company stock worth $199,255 over the last three months. Company insiders own 17.79% of the company’s stock.

About FDM Group

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.