FD Technologies (LON:FDP) Share Price Passes Below 200-Day Moving Average of $1,808.82

Shares of FD Technologies Plc (LON:FDPGet Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,808.82 ($21.26) and traded as low as GBX 1,478 ($17.37). FD Technologies shares last traded at GBX 1,482 ($17.41), with a volume of 18,116 shares changing hands.

Analysts Set New Price Targets

Several research firms have commented on FDP. Shore Capital reaffirmed a “buy” rating on shares of FD Technologies in a research note on Wednesday, October 12th. Berenberg Bank raised shares of FD Technologies to a “hold” rating and lifted their price objective for the stock from GBX 1,600 ($18.80) to GBX 1,900 ($22.33) in a research note on Tuesday, August 23rd.

FD Technologies Price Performance

The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 36.16. The firm’s 50 day simple moving average is GBX 1,431.40 and its 200 day simple moving average is GBX 1,808.82. The company has a market capitalization of £411.85 million and a PE ratio of 4,358.82.

Insiders Place Their Bets

In other FD Technologies news, insider Seamus Keating bought 750 shares of the firm’s stock in a transaction dated Friday, October 28th. The stock was acquired at an average cost of GBX 1,290 ($15.16) per share, for a total transaction of £9,675 ($11,368.98). In other FD Technologies news, insider Seamus Keating bought 750 shares of the firm’s stock in a transaction dated Friday, October 28th. The stock was acquired at an average cost of GBX 1,290 ($15.16) per share, for a total transaction of £9,675 ($11,368.98). Also, insider Ryan Preston bought 1,275 shares of the firm’s stock in a transaction dated Thursday, October 20th. The shares were acquired at an average price of GBX 1,318 ($15.49) per share, with a total value of £16,804.50 ($19,746.77).

About FD Technologies

(Get Rating)

FD Technologies Plc provides software and consulting services in the United Kingdom and internationally. The company operates through Managed Services and Consulting, and Software segments. It provides KX, a technology for real-time data analytics and data management; First Derivative, a technology-led service for capital markets; and MRP Prelytix platform, an enterprise-class predictive account-based marketing solution.

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