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FD Technologies (LON:FDP) Shares Pass Above 200 Day Moving Average - Here's Why

FD Technologies logo with Computer and Technology background

Shares of 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 ($24.48) and traded as high as GBX 2,480 ($33.12). FD Technologies shares last traded at GBX 2,440 ($32.59), with a volume of 11,239 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on FDP

FD Technologies Price Performance

The firm has a fifty day moving average price of GBX 1,851.26 and a two-hundred day moving average price of GBX 1,848.76. The stock has a market capitalization of £539.99 million, a P/E ratio of -16.83 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

(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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