FDM Group (LON:FDM) Sets New 12-Month Low – Here’s What Happened

FDM Group (Holdings) plc (LON:FDM)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 224 ($2.83) and last traded at GBX 226 ($2.86), with a volume of 759830 shares traded. The stock had previously closed at GBX 229 ($2.89).

FDM Group Stock Performance

The company has a market cap of £251.10 million, a PE ratio of 8.25 and a beta of 0.97. The company has a debt-to-equity ratio of 28.75, a quick ratio of 2.24 and a current ratio of 2.31. The stock’s 50-day simple moving average is GBX 271.22 and its 200 day simple moving average is GBX 341.07.

Insiders Place Their Bets

In related news, insider Sheila Flavell purchased 338 shares of the stock in a transaction dated Thursday, January 9th. The shares were acquired at an average cost of GBX 295 ($3.73) per share, with a total value of £997.10 ($1,259.76). Also, insider Michael (Mike) McLaren purchased 212 shares of the stock in a transaction dated Thursday, February 6th. The shares were bought at an average cost of GBX 235 ($2.97) per share, for a total transaction of £498.20 ($629.44). In the last quarter, insiders bought 866 shares of company stock worth $249,070. 17.79% of the stock is owned by insiders.

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.