FDM Group (LON:FDM) Stock Price Crosses Below Two Hundred Day Moving Average of $413.06

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 413.06 ($5.14) and traded as low as GBX 324 ($4.03). FDM Group shares last traded at GBX 330.50 ($4.11), with a volume of 58,567 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of FDM Group in a research report on Wednesday, January 31st.

FDM Group Stock Down 0.5 %

The business has a 50 day simple moving average of GBX 373.74 and a 200 day simple moving average of GBX 413.06. The company has a debt-to-equity ratio of 12.51, a current ratio of 2.44 and a quick ratio of 2.24. The stock has a market cap of £362.33 million, a PE ratio of 893.24 and a beta of 0.93.

FDM Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 6th will be paid a GBX 19 ($0.24) dividend. The ex-dividend date is Thursday, June 6th. This represents a yield of 5.54%. This is an increase from FDM Group’s previous dividend of $17.00. FDM Group’s payout ratio is 9,729.73%.

Insider Buying and Selling at FDM Group

In other news, insider Sheila Flavell bought 289 shares of the stock in a transaction on Thursday, April 11th. The shares were purchased at an average price of GBX 346 ($4.31) per share, for a total transaction of £999.94 ($1,244.79). In related news, insider Sheila Flavell purchased 289 shares of the firm’s stock in a transaction dated Thursday, April 11th. The stock was bought at an average price of GBX 346 ($4.31) per share, for a total transaction of £999.94 ($1,244.79). Also, insider Michael (Mike) McLaren purchased 123 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were bought at an average price of GBX 405 ($5.04) per share, with a total value of £498.15 ($620.13). Insiders have bought 642 shares of company stock worth $249,629 over the last 90 days. 17.95% of the stock is currently owned by corporate insiders.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.