FDM Group (LON:FDM) Hits New 1-Year Low – What’s Next?

FDM Group (Holdings) plc (LON:FDM) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 97 and last traded at GBX 98.81, with a volume of 376523 shares changing hands. The stock had previously closed at GBX 101.20.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Shore Capital Group reissued a “house stock” rating on shares of FDM Group in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft cut 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, Stifel Nicolaus cut their target price on shares of FDM Group from GBX 174 to GBX 130 and set a “hold” rating on the stock in a research report on Thursday, March 19th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, FDM Group has an average rating of “Moderate Buy” and a consensus price target of GBX 145.

FDM Group Stock Performance

The business’s 50-day moving average price is GBX 134.60 and its 200-day moving average price is GBX 133.88. The stock has a market cap of £110.43 million, a PE ratio of 19.42 and a beta of 0.89. The company has a current ratio of 2.48, a quick ratio of 2.24 and a debt-to-equity ratio of 38.18.

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

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.