FDM Group (LON:FDM) Stock Price Down 10.4% – What’s Next?

FDM Group (Holdings) plc (LON:FDM) dropped 10.4% during mid-day trading on Wednesday . The company traded as low as GBX 236 ($2.94) and last traded at GBX 237.50 ($2.96). Approximately 1,694,492 shares traded hands during mid-day trading, an increase of 295% from the average daily volume of 429,267 shares. The stock had previously closed at GBX 265 ($3.30).

FDM Group Price Performance

The firm has a market capitalization of £259.28 million, a price-to-earnings ratio of 848.21 and a beta of 0.97. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75. The business has a 50-day moving average price of GBX 301.49 and a two-hundred day moving average price of GBX 362.04.

Insider Buying and Selling at FDM Group

In related news, insider Sheila Flavell purchased 283 shares of FDM Group stock in a transaction dated Thursday, November 7th. The stock was bought at an average cost of GBX 353 ($4.39) per share, with a total value of £998.99 ($1,242.99). Insiders bought 937 shares of company stock valued at $299,149 in the last ninety days. Company 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.