FDM Group (LON:FDM) Insider Michael (Mike) McLaren Buys 43,105 Shares

FDM Group (Holdings) plc (LON:FDM) insider Michael (Mike) McLaren acquired 43,105 shares of FDM Group stock in a transaction that occurred on Tuesday, April 21st. The shares were purchased at an average cost of GBX 116 per share, with a total value of £50,001.80.

FDM Group Price Performance

FDM stock opened at GBX 120 on Wednesday. The company has a debt-to-equity ratio of 38.18, a current ratio of 2.48 and a quick ratio of 2.24. FDM Group has a one year low of GBX 94.50 and a one year high of GBX 251. The stock has a market cap of £131.20 million, a PE ratio of 23.08 and a beta of 1.06. The firm has a 50 day simple moving average of GBX 122.96 and a two-hundred day simple moving average of GBX 131.85.

FDM Group (LON:FDM) last released its quarterly earnings results on Wednesday, March 18th. The company reported GBX 10 EPS for the quarter. FDM Group had a net margin of 3.19% and a return on equity of 10.20%. On average, analysts predict that FDM Group will post 3132.5302111 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FDM has been the subject of a number of research reports. Stifel Nicolaus cut their price target on shares of FDM Group from GBX 174 to GBX 130 and set a “hold” rating for the company in a research note on Thursday, March 19th. Shore Capital Group reissued a “house stock” rating on shares of FDM Group in a research note on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of FDM Group from GBX 180 to GBX 160 and set a “buy” rating for the company in a research note on Thursday, March 19th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 145.

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.