FDM Group (OTCMKTS:FDDMF) Shares Up 7.8% – Here’s What Happened

FDM Group (Holdings) plc (OTCMKTS:FDDMF) shares shot up 7.8% during mid-day trading on Wednesday . The company traded as high as $1.94 and last traded at $1.94. 297 shares were traded during trading, a decline of 89% from the average session volume of 2,746 shares. The stock had previously closed at $1.80.

FDM Group Trading Up 7.8%

The stock has a fifty day simple moving average of $1.63 and a two-hundred day simple moving average of $1.68.

FDM Group Company Profile

FDM Group is a global professional services provider specializing in recruiting, training, and placing graduates, ex-military personnel and returners to work into roles across technology and business sectors. The company operates a proprietary Academy training model that equips consultants with skills in areas such as software development, data analytics, cybersecurity and project management. After completing the Academy, consultants are deployed to client sites for fixed-term engagements, where they provide bespoke solutions and support on digital transformation initiatives.

The firm’s core service offerings include application development, infrastructure management, business intelligence, and change management, delivered through a combination of onsite and remote consultancy.