FDM Group (LON:FDM) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Shares of FDM Group (Holdings) plc (LON:FDM - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 225.50 ($3.09) and traded as low as GBX 209 ($2.87). FDM Group shares last traded at GBX 211.50 ($2.90), with a volume of 277,435 shares.

Wall Street Analyst Weigh In

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

FDM Group Trading Down 0.9%

The company's 50 day moving average price is GBX 224.44 and its 200 day moving average price is GBX 245.20. The company has a market cap of £230.90 million, a price-to-earnings ratio of 7.59 and a beta of 0.97. The company has a debt-to-equity ratio of 28.75, a quick ratio of 2.24 and a current ratio of 2.31.

Insider Transactions at FDM Group

In other news, insider Bruce Lee bought 8,000 shares of the company's stock in a transaction that occurred on Tuesday, April 22nd. The shares were purchased at an average price of GBX 222 ($3.05) per share, for a total transaction of £17,760 ($24,372.17). Also, insider Sheila Flavell bought 429 shares of the company's stock in a transaction that occurred on Wednesday, April 9th. The stock was purchased at an average price of GBX 233 ($3.20) per share, for a total transaction of £999.57 ($1,371.72). In the last 90 days, insiders have acquired 9,519 shares of company stock worth $2,125,713 and have sold 40,514 shares worth $9,156,164. 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.