FDM Group (LON:FDM) Hits New 52-Week Low – Should You Sell?

FDM Group (Holdings) plc (LON:FDM)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 224 ($2.82) and last traded at GBX 226 ($2.84), with a volume of 759830 shares traded. The stock had previously closed at GBX 229 ($2.88).

FDM Group Price Performance

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 business’s 50 day moving average price is GBX 274.56 and its two-hundred day moving average price is GBX 343.57. The stock has a market cap of £246.73 million, a P/E ratio of 8.11 and a beta of 0.97.

Insider Buying and Selling at FDM Group

In related news, insider Michael (Mike) McLaren purchased 212 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were purchased at an average cost of GBX 235 ($2.96) per share, with a total value of £498.20 ($626.90). Also, insider Sheila Flavell bought 338 shares of the business’s stock in a transaction dated Thursday, January 9th. The stock was bought at an average cost of GBX 295 ($3.71) per share, for a total transaction of £997.10 ($1,254.69). In the last three months, insiders have bought 866 shares of company stock valued at $249,070. 17.79% of the stock is currently owned by corporate 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.