FDM Group (LON:FDM) Stock Passes Below 200 Day Moving Average – Should You Sell?

FDM Group (Holdings) plc (LON:FDM)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 139.40 and traded as low as GBX 139. FDM Group shares last traded at GBX 143.71, with a volume of 218,955 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of FDM Group in a report on Tuesday, November 11th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, FDM Group has a consensus rating of “Hold” and an average price target of GBX 145.

FDM Group Trading Up 0.2%

The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75. The firm has a market cap of £157.13 million, a P/E ratio of 10.19 and a beta of 0.97. The business has a 50 day moving average of GBX 134.84 and a two-hundred day moving average of GBX 139.40.

About FDM Group

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.