FDM Group (LON:FDM) Rating Reiterated by Shore Capital

FDM Group (LON:FDMGet Rating)‘s stock had its “house stock” rating reaffirmed by investment analysts at Shore Capital in a research note issued on Wednesday, Marketbeat Ratings reports.

Separately, Numis Securities reaffirmed a “buy” rating and set a GBX 1,000 ($12.19) price objective on shares of FDM Group in a research note on Wednesday, February 1st.

FDM Group Price Performance

Shares of LON FDM opened at GBX 810 ($9.87) on Wednesday. The stock has a market capitalization of £884.44 million, a price-to-earnings ratio of 2,700.00 and a beta of 1.11. FDM Group has a 12 month low of GBX 591 ($7.20) and a 12 month high of GBX 1,162 ($14.16). The firm’s 50 day simple moving average is GBX 809.28 and its 200-day simple moving average is GBX 738.60. The company has a debt-to-equity ratio of 16.88, a current ratio of 2.34 and a quick ratio of 2.24.

Insider Activity at FDM Group

In related news, insider Michael (Mike) McLaren purchased 63 shares of the company’s stock in a transaction that occurred on Monday, February 13th. The shares were purchased at an average price of GBX 787 ($9.59) per share, with a total value of £495.81 ($604.28). In the last quarter, insiders have purchased 186 shares of company stock valued at $148,657. 17.83% of the stock is owned by company insiders.

About FDM Group

(Get Rating)

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, rest of Europe, the Middle East, Africa, and the Asia Pacific. It is involved in recruiting, training, and placing its own IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.

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