FDM Group (LON:FDM) Posts Earnings Results

FDM Group (LON:FDM) announced its earnings results on Monday. The company reported GBX 3.80 earnings per share for the quarter, Digital Look Earnings reports. FDM Group had a return on equity of 10.20% and a net margin of 3.19%.

FDM Group Trading Down 5.8%

LON:FDM traded down GBX 7.20 during trading hours on Monday, hitting GBX 116. The company had a trading volume of 771,587 shares, compared to its average volume of 521,395. 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 52 week low of GBX 94.50 and a 52 week high of GBX 165.80. The company has a market capitalization of £126.84 million, a PE ratio of 22.31 and a beta of 1.10. The stock has a 50-day moving average price of GBX 110.17 and a 200 day moving average price of GBX 120.13.

Insider Transactions at FDM Group

In other news, insider Michael (Mike) McLaren bought 7,562 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average price of GBX 118 per share, for a total transaction of £8,923.16. Also, insider Sheila Flavell acquired 7,848 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were acquired at an average cost of GBX 118 per share, for a total transaction of £9,260.64. In the last quarter, insiders have purchased 34,446 shares of company stock worth $4,064,628. 17.84% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “house stock” rating on shares of FDM Group in a report on Monday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 145.

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.