FDM Group (Holdings) plc (LON:FDM - Get Free Report) shares dropped 36.3% during trading on Wednesday . 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 were traded 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 report on Wednesday.
Check Out Our Latest Research Report on FDM
FDM Group Stock Performance
The firm has a market cap of £129.91 million, a PE ratio of 4.27 and a beta of 0.97. The firm has a 50-day moving average price of GBX 207.75 and a two-hundred day moving average price of GBX 226.61. 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 released its earnings results on Wednesday, July 30th. The company reported GBX 6.30 ($0.08) earnings per share for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. Research analysts forecast that FDM Group will post 3132.5302111 EPS for the current fiscal year.
Insider Transactions at FDM Group
In other news, insider Sheila Flavell sold 13,116 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of GBX 226 ($3.00), for a total value of £29,642.16 ($39,344.52). Also, insider Roderick (Rod) Flavell acquired 453 shares of FDM Group stock in a transaction that occurred on Friday, July 4th. The shares were bought at an average price of GBX 220 ($2.92) per share, for a total transaction of £996.60 ($1,322.80). In the last ninety days, insiders have acquired 1,769 shares of company stock worth $399,136 and have sold 40,514 shares worth $9,156,164. 17.79% of the stock is currently owned by corporate insiders.
FDM Group Company Profile
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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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