FD Technologies (LON:FDP) Reaches New 52-Week High – Here’s What Happened

Shares of FD Technologies plc (LON:FDP) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,926 ($24.19) and last traded at GBX 1,910 ($23.99), with a volume of 16852 shares traded. The stock had previously closed at GBX 1,794 ($22.53).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of FD Technologies in a research note on Tuesday, August 6th.

FD Technologies Trading Up 6.5 %

The business’s 50 day simple moving average is GBX 1,710.76 and its 200-day simple moving average is GBX 1,529.34. The company has a debt-to-equity ratio of 31.67, a current ratio of 1.18 and a quick ratio of 1.58. The stock has a market capitalization of £539.00 million, a P/E ratio of -3,737.50 and a beta of 0.74.

FD Technologies Company Profile

FD Technologies plc provides software and consulting services in the United Kingdom and internationally. The company operates through three segments: KX, First Derivative, and MRP. It provides KX, a real-time decision-making engine that captures data, from various location and format; First Derivative, a capital markets consulting solutions; and MRP Prelytix platform, an enterprise-class predictive account-based marketing solution.