FD Technologies (LON:FDP) Share Price Crosses Above 200 Day Moving Average – Here’s Why

FD Technologies plc (LON:FDP)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,421.04 ($18.56) and traded as high as GBX 1,764 ($23.03). FD Technologies shares last traded at GBX 1,754 ($22.90), with a volume of 43,822 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of FD Technologies in a report on Tuesday, August 6th.

FD Technologies Stock Up 2.1 %

The business’s 50-day moving average is GBX 1,579.40 and its two-hundred day moving average is GBX 1,421.04. The firm has a market capitalization of £494.98 million, a price-to-earnings ratio of -3,654.17 and a beta of 0.74. The company has a debt-to-equity ratio of 31.67, a quick ratio of 1.58 and a current ratio of 1.18.

FD Technologies Company Profile

FD Technologies plc provides software and consulting services in the United Kingdom and internationally. The company operates through three segments: KX, First Derivative, and MRP. It provides KX, a real-time decision-making engine that captures data, from various location and format; First Derivative, a capital markets consulting solutions; and MRP Prelytix platform, an enterprise-class predictive account-based marketing solution.