FDM Group (LON:FDM) Reaches New 12-Month Low – Here’s What Happened

FDM Group (Holdings) plc (LON:FDM)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 223.50 ($2.83) and last traded at GBX 226 ($2.86), with a volume of 347388 shares changing hands. The stock had previously closed at GBX 228 ($2.89).

FDM Group Stock Performance

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 stock has a market cap of £246.73 million, a P/E ratio of 8.11 and a beta of 0.97. The stock has a fifty day simple moving average of GBX 268.08 and a 200-day simple moving average of GBX 337.84.

Insider Buying and Selling at FDM Group

In related news, insider Michael (Mike) McLaren acquired 212 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were acquired at an average cost of GBX 235 ($2.98) per share, for a total transaction of £498.20 ($631.43). Also, insider Sheila Flavell bought 316 shares of the stock in a transaction on Wednesday, December 4th. The shares were purchased at an average price of GBX 315 ($3.99) per share, with a total value of £995.40 ($1,261.60). Over the last 90 days, insiders bought 866 shares of company stock valued at $249,070. Corporate 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.