Shore Capital Reiterates “House Stock” Rating for FDM Group (LON:FDM)

FDM Group (LON:FDM)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a research report issued on Wednesday, Marketbeat Ratings reports.

FDM Group Stock Performance

Shares of FDM Group stock opened at GBX 250 ($3.24) on Wednesday. The business’s fifty day simple moving average is GBX 239.55 and its 200 day simple moving average is GBX 316.04. The firm has a market capitalization of £272.93 million, a P/E ratio of 8.97 and a beta of 0.97. FDM Group has a 12 month low of GBX 211 ($2.74) and a 12 month high of GBX 472 ($6.12). The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75.

FDM Group (LON:FDM) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 23 ($0.30) EPS for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. As a group, analysts anticipate that FDM Group will post 3132.5302111 EPS for the current year.

Insider Buying and Selling at FDM Group

In other news, insider Sheila Flavell bought 338 shares of the stock in a transaction on Thursday, January 9th. The shares were purchased at an average cost of GBX 295 ($3.83) per share, for a total transaction of £997.10 ($1,292.92). Also, insider Michael (Mike) McLaren bought 225 shares of the stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of GBX 221 ($2.87) per share, for a total transaction of £497.25 ($644.77). Insiders have bought a total of 775 shares of company stock worth $199,255 over the last ninety days. 17.79% of the stock is currently owned by company insiders.

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.