FDM Group (LON:FDM) Reaches New 52-Week Low - Should You Sell?

FDM Group (Holdings) plc (LON:FDM - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 213 ($2.83) and last traded at GBX 224 ($2.97), with a volume of 80488 shares trading hands. The stock had previously closed at GBX 219.50 ($2.91).

Analysts Set New Price Targets

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

FDM Group Stock Up 1.7 %

The firm has a market capitalization of £256.55 million, a price-to-earnings ratio of 8.43 and a beta of 0.97. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75. The company's 50 day moving average price is GBX 232.29 and its 200 day moving average price is GBX 278.56.

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 return on equity of 42.26% and a net margin of 10.34%. As a group, research analysts forecast that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

FDM Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 5th will be given a GBX 12.50 ($0.17) dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 5%. FDM Group's dividend payout ratio is currently 104.05%.

Insiders Place Their Bets

In related news, insider Sheila Flavell purchased 429 shares of the firm's stock in a transaction on Wednesday, April 9th. The stock was bought at an average cost of GBX 233 ($3.09) per share, with a total value of £999.57 ($1,326.75). Also, insider Bruce Lee acquired 8,000 shares of the stock in a transaction on Tuesday, April 22nd. The stock was bought at an average price of GBX 222 ($2.95) per share, for a total transaction of £17,760 ($23,573.14). In the last ninety days, insiders acquired 8,866 shares of company stock valued at $1,975,502. 17.79% of the stock is owned by insiders.

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.