FDM Group (LON:FDM) Sets New 1-Year Low – Here’s Why

Shares of FDM Group (Holdings) plc (LON:FDM) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 214.50 ($2.78) and last traded at GBX 221.50 ($2.87), with a volume of 210979 shares changing hands. The stock had previously closed at GBX 221 ($2.87).

FDM Group Stock Performance

The business’s 50-day moving average price is GBX 248.30 and its 200-day moving average price is GBX 323.90. 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 stock has a market cap of £241.82 million, a PE ratio of 7.95 and a beta of 0.97.

Insiders Place Their Bets

In other FDM Group news, insider Sheila Flavell purchased 338 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The stock was purchased at an average price of GBX 295 ($3.83) per share, for a total transaction of £997.10 ($1,293.09). Also, insider Michael (Mike) McLaren bought 212 shares of FDM Group stock in a transaction dated Thursday, February 6th. The shares were acquired at an average cost of GBX 235 ($3.05) per share, with a total value of £498.20 ($646.09). In the last 90 days, insiders bought 775 shares of company stock valued at $199,255. 17.79% 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, 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.