FDM Group (LON:FDM) Earns “House Stock” Rating from Shore Capital Group

FDM Group (LON:FDM)‘s stock had its “house stock” rating reaffirmed by Shore Capital Group in a research note issued on Thursday,London Stock Exchange reports.

A number of other analysts have also weighed in on FDM. Stifel Nicolaus reduced their price target on shares of FDM Group from GBX 174 to GBX 130 and set a “hold” rating for the company in a research note on Thursday, March 19th. Deutsche Bank Aktiengesellschaft dropped their target price on FDM Group from GBX 180 to GBX 160 and set a “buy” rating on the stock in a report on Thursday, March 19th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 145.

FDM Group Stock Performance

Shares of FDM traded up GBX 7.80 during trading hours on Thursday, reaching GBX 112.80. 500,690 shares of the company’s stock traded hands, compared to its average volume of 627,680. The firm has a market capitalization of £123.33 million, a price-to-earnings ratio of 21.69 and a beta of 1.06. The company has a debt-to-equity ratio of 38.18, a current ratio of 2.48 and a quick ratio of 2.24. FDM Group has a twelve month low of GBX 94.50 and a twelve month high of GBX 238. The business’s fifty day simple moving average is GBX 109.32 and its two-hundred day simple moving average is GBX 128.56.

FDM Group (LON:FDM) last posted its quarterly earnings data on Wednesday, March 18th. The company reported GBX 10 earnings per share for the quarter. FDM Group had a net margin of 3.19% and a return on equity of 10.20%. Analysts predict that FDM Group will post 3132.5302111 earnings per share for the current year.

Insider Transactions at FDM Group

In other FDM Group news, insider Michael (Mike) McLaren acquired 43,105 shares of FDM Group stock in a transaction dated Tuesday, April 21st. The stock was bought at an average price of GBX 116 per share, for a total transaction of £50,001.80. Also, insider Roderick (Rod) Flavell acquired 285,175 shares of the stock in a transaction dated Friday, April 17th. The stock was acquired at an average cost of GBX 106 per share, for a total transaction of £302,285.50. 17.75% 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. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.