FDM Group (Holdings) plc (LON:FDM) insider Sheila Flavell bought 12,650 shares of the business’s stock in a transaction on Wednesday, June 9th. The stock was purchased at an average price of GBX 981 ($12.82) per share, with a total value of £124,096.50 ($162,132.87).
LON FDM opened at GBX 975 ($12.74) on Friday. The firm has a market capitalization of £1.06 billion and a price-to-earnings ratio of 34.70. The business’s 50 day moving average price is GBX 1,013.62. The company has a current ratio of 2.65, a quick ratio of 2.57 and a debt-to-equity ratio of 22.15. FDM Group has a 1-year low of GBX 835 ($10.91) and a 1-year high of GBX 1,208 ($15.78).
Several analysts have issued reports on the stock. Shore Capital reissued a “house stock” rating on shares of FDM Group in a research note on Wednesday, April 28th. Berenberg Bank upgraded shares of FDM Group to a “buy” rating and upped their price objective for the stock from GBX 1,100 ($14.37) to GBX 1,250 ($16.33) in a report on Wednesday, May 12th. Finally, Liberum Capital upped their price target on shares of FDM Group from GBX 990 ($12.93) to GBX 1,060 ($13.85) and gave the company an “overweight” rating in a report on Wednesday, May 12th.
FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, Ireland, 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, regulation, and compliance activities.
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