FDM Group (Holdings) plc (LON:FDM - Get Free Report) dropped 36.3% during trading on Thursday . The company traded as low as GBX 124.20 ($1.65) and last traded at GBX 124.20 ($1.65). Approximately 8,409,954 shares traded hands during mid-day trading, an increase of 1,612% from the average daily volume of 491,205 shares. The stock had previously closed at GBX 195 ($2.59).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "house stock" rating on shares of FDM Group in a research report on Wednesday.
Get Our Latest Report on FDM Group
FDM Group Stock Down 2.0%
The business's 50-day moving average is GBX 207.75 and its 200-day moving average is GBX 226.89. The company has a market capitalization of £129.91 million, a price-to-earnings ratio of 4.27 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.
FDM Group (LON:FDM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported GBX 6.30 ($0.08) earnings per share (EPS) for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. As a group, equities analysts predict that FDM Group will post 3132.5302111 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Michael (Mike) McLaren purchased 226 shares of the stock in a transaction that occurred on Friday, July 4th. The shares were purchased at an average cost of GBX 220 ($2.92) per share, with a total value of £497.20 ($659.94). Also, insider Roderick (Rod) Flavell purchased 453 shares of the company's stock in a transaction that occurred on Friday, July 4th. The shares were purchased at an average price of GBX 220 ($2.92) per share, for a total transaction of £996.60 ($1,322.80). In the last quarter, insiders have acquired 1,769 shares of company stock worth $399,136 and have sold 40,514 shares worth $9,156,164. Corporate insiders own 17.79% of the company's stock.
About FDM Group
(
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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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