FDM Group (OTCMKTS:FDDMF) Shares Down 18.6% – Here’s Why

FDM Group (Holdings) plc (OTCMKTS:FDDMF) dropped 18.6% during mid-day trading on Wednesday . The stock traded as low as $1.58 and last traded at $1.58. Approximately 600 shares changed hands during trading, an increase of 50% from the average daily volume of 400 shares. The stock had previously closed at $1.94.

FDM Group Stock Down 18.6%

The stock’s fifty day simple moving average is $1.74 and its 200 day simple moving average is $1.72.

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.