FDM Group (LON:FDM) Sets New 52-Week Low – Time to Sell?

FDM Group (Holdings) plc (LON:FDM) shares hit a new 52-week low on Thursday . The company traded as low as GBX 257 ($3.16) and last traded at GBX 265 ($3.26), with a volume of 340184 shares changing hands. The stock had previously closed at GBX 263 ($3.24).

FDM Group Stock Up 0.8 %

The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75. The firm has a market capitalization of £289.30 million, a PE ratio of 946.43 and a beta of 0.97. The business’s 50-day moving average price is GBX 305.67 and its 200-day moving average price is GBX 365.90.

Insiders Place Their Bets

In other news, insider Sheila Flavell purchased 338 shares of FDM Group stock in a transaction dated Thursday, January 9th. The stock was acquired at an average cost of GBX 295 ($3.63) per share, for a total transaction of £997.10 ($1,227.50). Insiders purchased a total of 937 shares of company stock worth $299,149 in the last quarter. 17.79% of the stock is currently owned by corporate insiders.

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.