FDM Group (LON:FDM) Receives “House Stock” Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of FDM Group (LON:FDMFree Report) in a research note issued to investors on Thursday, Marketbeat.com reports.

FDM Group Stock Down 1.3 %

FDM stock opened at GBX 411.42 ($5.27) on Thursday. The company has a market capitalization of £448.82 million, a P/E ratio of 1,127.03 and a beta of 0.89. The firm has a 50 day simple moving average of GBX 374.64 and a 200-day simple moving average of GBX 401.68. The company has a current ratio of 2.63, a quick ratio of 2.24 and a debt-to-equity ratio of 26.32. FDM Group has a twelve month low of GBX 300 ($3.84) and a twelve month high of GBX 721 ($9.24).

FDM Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be paid a GBX 19 ($0.24) dividend. This represents a dividend yield of 5.54%. The ex-dividend date of this dividend is Thursday, June 6th. This is a positive change from FDM Group’s previous dividend of $17.00. FDM Group’s dividend payout ratio is 9,729.73%.

Insider Buying and Selling

In other news, insider Andrew (Andy) Brown acquired 1,961 shares of the business’s stock in a transaction on Friday, May 31st. The shares were purchased at an average price of GBX 441 ($5.65) per share, for a total transaction of £8,648.01 ($11,080.09). In other FDM Group news, insider Andrew (Andy) Brown acquired 1,961 shares of the firm’s stock in a transaction on Friday, May 31st. The stock was purchased at an average price of GBX 441 ($5.65) per share, with a total value of £8,648.01 ($11,080.09). Also, insider Michael (Mike) McLaren bought 142 shares of the company’s stock in a transaction on Friday, May 10th. The shares were acquired at an average cost of GBX 351 ($4.50) per share, for a total transaction of £498.42 ($638.59). Over the last three months, insiders bought 2,392 shares of company stock worth $1,014,637. Corporate insiders own 17.95% of the company’s stock.

About FDM Group

(Get Free Report)

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.

Further Reading

Receive News & Ratings for FDM Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FDM Group and related companies with MarketBeat.com's FREE daily email newsletter.