FDM Group (LON:FDM) Share Price Crosses Above 50 Day Moving Average – What’s Next?

FDM Group (Holdings) plc (LON:FDM)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 140.16 and traded as high as GBX 163.40. FDM Group shares last traded at GBX 159.18, with a volume of 232,062 shares traded.

Analyst Ratings Changes

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

FDM Group Trading Down 1.3%

The firm’s 50-day simple moving average is GBX 140.50 and its 200-day simple moving average is GBX 134.16. The firm has a market capitalization of £172.75 million, a PE ratio of 11.21 and a beta of 0.97. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75.

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.