FDM Group (LON:FDM) Hits New 12-Month Low – Time to Sell?

FDM Group (Holdings) plc (LON:FDM)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 99.30 and last traded at GBX 101.91, with a volume of 380045 shares traded. The stock had previously closed at GBX 105.53.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FDM. Stifel Nicolaus cut their price target on shares of FDM Group from GBX 174 to GBX 130 and set a “hold” rating for the company in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of FDM Group from GBX 180 to GBX 160 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Finally, Shore Capital Group reaffirmed a “house stock” rating on shares of FDM Group in a report on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 145.

FDM Group Stock Performance

The firm has a fifty day moving average of GBX 137.90 and a 200-day moving average of GBX 134.37. The company has a quick ratio of 2.24, a current ratio of 2.48 and a debt-to-equity ratio of 38.18. The stock has a market capitalization of £111.32 million, a price-to-earnings ratio of 7.22 and a beta of 0.89.

FDM Group (LON:FDM) last posted its earnings results on Wednesday, March 18th. The company reported GBX 10 earnings per share for the quarter. FDM Group had a return on equity of 10.20% and a net margin of 3.19%. As a group, sell-side analysts anticipate that FDM Group will post 3132.5302111 EPS for the current year.

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. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.