FDM Group (LON:FDM) Hits New 52-Week Low – Here’s Why

FDM Group (Holdings) plc (LON:FDM)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 257 ($3.21) and last traded at GBX 265 ($3.31), with a volume of 340184 shares changing hands. The stock had previously closed at GBX 263 ($3.28).

FDM Group Stock Up 4.0 %

The firm has a 50 day moving average price of GBX 303.69 and a two-hundred day moving average price of GBX 364.10. 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 company has a market capitalization of £300.76 million, a price-to-earnings ratio of 983.93 and a beta of 0.97.

Insider Activity

In related news, insider Sheila Flavell purchased 283 shares of FDM Group stock in a transaction dated Thursday, November 7th. The shares were acquired at an average price of GBX 353 ($4.41) per share, with a total value of £998.99 ($1,247.33). Insiders acquired 937 shares of company stock worth $299,149 over the last ninety days. Corporate 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.