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

FDM Group (Holdings) plc (LON:FDM) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 225 ($2.79) and last traded at GBX 241 ($2.99), with a volume of 907126 shares trading hands. The stock had previously closed at GBX 228.50 ($2.83).

FDM Group Stock Performance

The company has a debt-to-equity ratio of 28.75, a quick ratio of 2.24 and a current ratio of 2.31. The company’s fifty day moving average price is GBX 296.69 and its two-hundred day moving average price is GBX 358.88. The firm has a market capitalization of £256.00 million, a PE ratio of 837.50 and a beta of 0.97.

Insider Buying and Selling

In other news, insider Sheila Flavell purchased 316 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were bought at an average price of GBX 315 ($3.90) per share, for a total transaction of £995.40 ($1,233.61). Insiders have bought 937 shares of company stock valued at $299,149 in the last quarter. Company insiders own 17.79% of the company’s stock.

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.