FDM Group (LON:FDM) Stock Price Crosses Above 50-Day Moving Average of $393.70

Shares of FDM Group (Holdings) plc (LON:FDM) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 393.70 ($4.99) and traded as high as GBX 413 ($5.24). FDM Group shares last traded at GBX 411 ($5.21), with a volume of 68,170 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of FDM Group in a report on Thursday, June 6th.

FDM Group Price Performance

The firm has a 50 day simple moving average of GBX 393.70 and a 200-day simple moving average of GBX 401.14. The company has a quick ratio of 2.24, a current ratio of 2.63 and a debt-to-equity ratio of 26.32. The company has a market cap of £448.36 million, a PE ratio of 1,110.81 and a beta of 0.89.

Insider Activity

In other news, insider Michael (Mike) McLaren purchased 142 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were purchased at an average price of GBX 351 ($4.45) per share, for a total transaction of £498.42 ($632.27). In related news, insider Michael (Mike) McLaren bought 142 shares of the stock in a transaction on Friday, May 10th. The shares were bought at an average cost of GBX 351 ($4.45) per share, for a total transaction of £498.42 ($632.27). Also, insider Andrew (Andy) Brown purchased 1,961 shares of FDM Group stock in a transaction dated Friday, May 31st. The stock was acquired at an average cost of GBX 441 ($5.59) per share, with a total value of £8,648.01 ($10,970.46). In the last 90 days, insiders have acquired 2,515 shares of company stock worth $1,064,452. 17.95% of the stock is currently owned by insiders.

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.