FDM Group (LON:FDM) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of FDM Group (Holdings) plc (LON:FDM) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 143.29 and traded as low as GBX 131.80. FDM Group shares last traded at GBX 133.40, with a volume of 58,733 shares.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of FDM Group in a report on Wednesday, January 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of GBX 145.

FDM Group Stock Performance

The company has a debt-to-equity ratio of 35.94, a current ratio of 2.34 and a quick ratio of 2.24. The firm has a market cap of £143.45 million, a P/E ratio of 9.30 and a beta of 0.89. The stock’s 50 day moving average is GBX 143.22 and its two-hundred day moving average is GBX 135.56.

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.