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FD Technologies (LON:FDP) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

FD Technologies logo with Computer and Technology background

FD Technologies plc (LON:FDP - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,832.75 ($24.31) and traded as high as GBX 2,480 ($32.90). FD Technologies shares last traded at GBX 2,440 ($32.37), with a volume of 11,239 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital lowered shares of FD Technologies to a "hold" rating in a research report on Thursday, May 8th.

Read Our Latest Stock Report on FDP

FD Technologies Trading Down 0.4%

The company's 50-day moving average price is GBX 1,799.73 and its 200-day moving average price is GBX 1,832.75. The company has a quick ratio of 1.58, a current ratio of 1.18 and a debt-to-equity ratio of 31.67. The firm has a market cap of £539.99 million, a price-to-earnings ratio of -16.83 and a beta of 0.74.

FD Technologies Company Profile

(Get Free Report)

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, which provides software to accelerate AI-driven innovation and First Derivative, providing consulting services which drive digital transformation in financial services and capital markets.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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