FDM Group (LON:FDM) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Price breach: FDM's shares fell below their 200‑day moving average (GBX 131), trading as low as GBX 107.40 and last at GBX 108.42, below the 50‑day MA of GBX 118.64, signaling near‑term technical weakness.
• Analysts are mixed but the consensus is a Moderate Buy with an average target of GBX 145 after recent downgrades, while significant insider buying (285,175 shares at GBX 106 and 43,105 at GBX 116) and 17.75% insider ownership point to insider confidence.

FDM Group (Holdings) plc (LON:FDM - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 131 and traded as low as GBX 107.40. FDM Group shares last traded at GBX 108.42, with a volume of 155,490 shares.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Shore Capital Group reaffirmed a "house stock" rating on shares of FDM Group in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reduced their price objective on FDM Group from GBX 180 to GBX 160 and set a "buy" rating for the company in a research report on Thursday, March 19th. Finally, Stifel Nicolaus dropped their target price on shares of FDM Group from GBX 174 to GBX 130 and set a "hold" rating on the stock in a research report on Thursday, March 19th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 145.

FDM Group Price Performance

The company has a market cap of £118.22 million, a price-to-earnings ratio of 20.79 and a beta of 1.06. The company has a current ratio of 2.48, a quick ratio of 2.24 and a debt-to-equity ratio of 38.18. The company has a fifty day moving average price of GBX 118.64 and a two-hundred day moving average price of GBX 131.

FDM Group (LON:FDM - Get Free Report) last issued its earnings results on Wednesday, March 18th. The company reported GBX 10 EPS for the quarter. FDM Group had a return on equity of 10.20% and a net margin of 3.19%. As a group, equities research analysts anticipate that FDM Group will post 3132.5302111 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Roderick (Rod) Flavell bought 285,175 shares of the company's stock in a transaction dated Friday, April 17th. The stock was acquired at an average cost of GBX 106 per share, with a total value of £302,285.50. Also, insider Michael (Mike) McLaren purchased 43,105 shares of the firm's stock in a transaction that occurred on Tuesday, April 21st. The stock was bought at an average cost of GBX 116 per share, for a total transaction of £50,001.80. 17.75% of the stock is currently owned by insiders.

About FDM Group

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. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.

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