FDM Group (Holdings) plc (LON:FDM) Insider Acquires £17,760 in Stock

FDM Group (Holdings) plc (LON:FDM) insider Bruce Lee bought 8,000 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The shares were purchased at an average price of GBX 222 ($2.96) per share, with a total value of £17,760 ($23,648.47).

FDM Group Trading Down 0.7 %

FDM opened at GBX 219.50 ($2.92) on Friday. The business has a fifty day moving average price of GBX 232.31 and a 200 day moving average price of GBX 284.87. The company has a debt-to-equity ratio of 28.75, a current ratio of 2.31 and a quick ratio of 2.24. FDM Group has a 12 month low of GBX 211 ($2.81) and a 12 month high of GBX 472 ($6.28). The stock has a market capitalization of £239.63 million, a price-to-earnings ratio of 7.88 and a beta of 0.97.

FDM Group (LON:FDM) last announced its quarterly earnings data on Thursday, March 20th. The company reported GBX 23 ($0.31) EPS for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. Sell-side analysts expect that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

FDM Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, June 5th will be given a dividend of GBX 12.50 ($0.17) per share. The ex-dividend date is Thursday, June 5th. This represents a dividend yield of 5%. FDM Group’s dividend payout ratio (DPR) is currently 104.05%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of FDM Group in a report on Wednesday, March 19th.

About FDM Group

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.