FDM Group (LON:FDM) Stock Price Crosses Below Two Hundred Day Moving Average of $413.06

FDM Group (Holdings) plc (LON:FDM) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 413.06 ($5.14) and traded as low as GBX 324 ($4.03). FDM Group shares last traded at GBX 330.50 ($4.11), with a volume of 58,567 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of FDM Group in a research note on Wednesday, January 31st.

FDM Group Stock Down 0.5 %

The firm has a 50 day moving average price of GBX 373.74 and a 200-day moving average price of GBX 413.06. The firm has a market cap of £362.33 million, a PE ratio of 893.24 and a beta of 0.93. The company has a current ratio of 2.44, a quick ratio of 2.24 and a debt-to-equity ratio of 12.51.

FDM Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 6th will be given a dividend of GBX 19 ($0.24) per share. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from FDM Group’s previous dividend of $17.00. This represents a yield of 5.54%. FDM Group’s dividend payout ratio is 9,729.73%.

Insider Buying and Selling

In other FDM Group news, insider Sheila Flavell bought 230 shares of FDM Group stock in a transaction that occurred on Wednesday, February 7th. The shares were purchased at an average cost of GBX 434 ($5.40) per share, for a total transaction of £998.20 ($1,242.62). In other news, insider Michael (Mike) McLaren acquired 123 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were bought at an average cost of GBX 405 ($5.04) per share, for a total transaction of £498.15 ($620.13). Also, insider Sheila Flavell acquired 230 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was purchased at an average price of GBX 434 ($5.40) per share, for a total transaction of £998.20 ($1,242.62). Over the last ninety days, insiders have acquired 642 shares of company stock worth $249,629. 17.95% of the stock is owned by company insiders.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.