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

FDM Group (Holdings) plc (LON:FDM - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 213 ($2.83) and last traded at GBX 224 ($2.98), with a volume of 80488 shares. The stock had previously closed at GBX 219.50 ($2.92).

Analyst Upgrades and Downgrades

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

FDM Group Price Performance

The firm's 50-day moving average is GBX 232.31 and its 200-day moving average is GBX 283.42. 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 has a market cap of £244.55 million, a PE ratio of 8.04 and a beta of 0.97.

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

FDM Group Cuts Dividend

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

Insiders Place Their Bets

In other news, insider Michael (Mike) McLaren bought 212 shares of the firm's stock in a transaction on Thursday, February 6th. The stock was acquired at an average cost of GBX 235 ($3.13) per share, with a total value of £498.20 ($662.59). Also, insider Bruce Lee acquired 8,000 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The stock was acquired at an average cost of GBX 222 ($2.95) per share, for a total transaction of £17,760 ($23,620.16). Over the last quarter, insiders have acquired 8,866 shares of company stock worth $1,975,502. 17.79% of the stock is currently owned by company 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.

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