FDM Group (LON:FDM) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

FDM Group (Holdings) plc (LON:FDM)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 132.99 and traded as high as GBX 136.60. FDM Group shares last traded at GBX 133.16, with a volume of 62,862 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of FDM Group in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 145.

FDM Group Trading Up 1.2%

The company has a debt-to-equity ratio of 28.75, a quick ratio of 2.24 and a current ratio of 2.31. The company has a market capitalization of £148.93 million, a P/E ratio of 9.67 and a beta of 0.97. The company’s fifty day simple moving average is GBX 132.99 and its 200-day simple moving average is GBX 148.42.

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. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.