FDM Group (LON:FDM) Shares Pass Above Fifty Day Moving Average - Time to Sell?

FDM Group (Holdings) plc (LON:FDM - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 232.15 ($3.10) and traded as high as GBX 237 ($3.16). FDM Group shares last traded at GBX 235 ($3.14), with a volume of 83,664 shares.

Analyst Ratings Changes

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

FDM Group Trading Down 2.3 %

The company's 50 day moving average is GBX 232.47 and its two-hundred day moving average is GBX 276.61. The company has a debt-to-equity ratio of 28.75, a current ratio of 2.31 and a quick ratio of 2.24. The firm has a market cap of £250.55 million, a P/E ratio of 8.23 and a beta of 0.97.

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

FDM Group Cuts Dividend

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

Insider Activity

In other news, insider Michael (Mike) McLaren purchased 212 shares of FDM Group stock in a transaction dated Thursday, February 6th. The shares were bought at an average cost of GBX 235 ($3.14) per share, with a total value of £498.20 ($665.24). Also, insider Bruce Lee purchased 8,000 shares of the company's stock in a transaction dated Tuesday, April 22nd. The shares were acquired at an average cost of GBX 222 ($2.96) per share, for a total transaction of £17,760 ($23,714.78). Insiders have bought 8,866 shares of company stock valued at $1,975,502 over the last 90 days. 17.79% of the stock is owned by company 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.