FDM Group (LON:FDM) Stock Passes Below 200-Day Moving Average – What’s Next?

FDM Group (Holdings) plc (LON:FDM)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 388.51 ($4.90) and traded as low as GBX 308 ($3.89). FDM Group shares last traded at GBX 311 ($3.93), with a volume of 65,275 shares.

FDM Group Stock Performance

The company’s 50-day simple moving average is GBX 347.69 and its 200 day simple moving average is GBX 388.51. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75. The stock has a market cap of £339.52 million, a P/E ratio of 1,110.71 and a beta of 0.97.

Insiders Place Their Bets

In related news, insider Roderick (Rod) Flavell purchased 255 shares of the stock in a transaction that occurred on Wednesday, October 9th. The shares were bought at an average price of GBX 391 ($4.93) per share, with a total value of £997.05 ($1,258.42). Also, insider Sheila Flavell purchased 283 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was bought at an average cost of GBX 353 ($4.46) per share, for a total transaction of £998.99 ($1,260.87). Insiders have bought a total of 854 shares of company stock valued at $299,144 in the last 90 days. 17.79% of the stock is currently owned by corporate 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.