FDM Group (LON:FDM) Sets New 52-Week Low - Time to Sell?

FDM Group (Holdings) plc (LON:FDM - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 203 ($2.73) and last traded at GBX 207.53 ($2.79), with a volume of 290083 shares. The stock had previously closed at GBX 211 ($2.83).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "house stock" rating on shares of FDM Group in a report on Wednesday, March 19th.

FDM Group Stock Up 1.4%

The company has a debt-to-equity ratio of 28.75, a quick ratio of 2.24 and a current ratio of 2.31. The company's fifty day moving average price is GBX 225.84 and its 200-day moving average price is GBX 247.89. The stock has a market cap of £230.35 million, a P/E ratio of 7.57 and a beta of 0.97.

FDM Group (LON:FDM - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 23 ($0.31) EPS for the quarter. FDM Group had a net margin of 10.34% and a return on equity of 42.26%. Equities analysts forecast that FDM Group will post 3132.5302111 EPS for the current year.

Insider Activity

In related news, insider Michael (Mike) McLaren bought 221 shares of the company's stock in a transaction on Thursday, June 5th. The shares were acquired at an average cost of GBX 226 ($3.03) per share, for a total transaction of £499.46 ($670.51). Also, insider Roderick (Rod) Flavell bought 427 shares of the company's stock in a transaction on Thursday, May 8th. The stock was bought at an average price of GBX 234 ($3.14) per share, for a total transaction of £999.18 ($1,341.36). Over the last 90 days, insiders have acquired 9,519 shares of company stock valued at $2,125,713 and have sold 40,514 shares valued at $9,156,164. Insiders own 17.79% of the company's stock.

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.