FDM Group (LON:FDM) Share Price Crosses Above Fifty Day Moving Average of $747.96

FDM Group (Holdings) plc (LON:FDMGet Rating) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 747.96 ($9.13) and traded as high as GBX 790 ($9.64). FDM Group shares last traded at GBX 782 ($9.54), with a volume of 42,838 shares trading hands.

Analysts Set New Price Targets

Separately, Barclays reiterated an “overweight” rating and issued a GBX 1,190 ($14.52) price target on shares of FDM Group in a report on Thursday, October 6th.

FDM Group Stock Performance

The firm has a fifty day moving average price of GBX 747.96 and a 200 day moving average price of GBX 752.53. The company has a debt-to-equity ratio of 16.88, a quick ratio of 2.24 and a current ratio of 2.34. The stock has a market cap of £823.58 million and a PE ratio of 2,606.67.

Insider Activity

In other FDM Group news, insider Michael (Mike) McLaren acquired 65 shares of the firm’s stock in a transaction dated Wednesday, January 11th. The stock was purchased at an average price of GBX 764 ($9.32) per share, for a total transaction of £496.60 ($605.98).

About FDM Group

(Get Rating)

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, rest of Europe, the Middle East, Africa, and the Asia Pacific. It is involved in recruiting, training, and placing its own IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.

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