FDM Group (LON:FDM) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

FDM Group (Holdings) plc (LON:FDM)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 331.42 ($4.27) and traded as low as GBX 218 ($2.81). FDM Group shares last traded at GBX 219 ($2.82), with a volume of 512,690 shares traded.

FDM Group Stock Performance

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 firm has a market capitalization of £245.09 million, a PE ratio of 8.05 and a beta of 0.97. The firm’s 50 day moving average price is GBX 259.46 and its 200-day moving average price is GBX 331.42.

Insider Buying and Selling at FDM Group

In other news, insider Sheila Flavell acquired 338 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were bought at an average cost of GBX 295 ($3.80) per share, for a total transaction of £997.10 ($1,285.25). Also, insider Michael (Mike) McLaren bought 212 shares of FDM Group stock in a transaction on Thursday, February 6th. The shares were purchased at an average cost of GBX 235 ($3.03) per share, with a total value of £498.20 ($642.18). 17.79% of the stock is owned by corporate insiders.

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.