FDM Group (LON:FDM) Issues Quarterly Earnings Results

FDM Group (LON:FDM) issued its quarterly earnings results on Thursday. The company reported GBX 23 ($0.30) earnings per share for the quarter, Digital Look Earnings reports. FDM Group had a return on equity of 42.26% and a net margin of 10.34%.

FDM Group Stock Up 0.8 %

FDM Group stock opened at GBX 252 ($3.25) on Friday. FDM Group has a fifty-two week low of GBX 211 ($2.72) and a fifty-two week high of GBX 472 ($6.09). The company has a market cap of £275.11 million, a PE ratio of 9.04 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 business’s 50-day simple moving average is GBX 238.99 and its two-hundred day simple moving average is GBX 314.97.

FDM Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 5th will be given a dividend of GBX 12.50 ($0.16) per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 5%. FDM Group’s dividend payout ratio is currently 104.05%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of FDM Group in a research note on Wednesday.

Insider Buying and Selling

In related news, insider Sheila Flavell acquired 338 shares of FDM Group stock in a transaction on Thursday, January 9th. The stock was acquired at an average price of GBX 295 ($3.81) per share, for a total transaction of £997.10 ($1,287.41). Also, insider Michael (Mike) McLaren acquired 225 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The stock was bought at an average cost of GBX 221 ($2.85) per share, with a total value of £497.25 ($642.03). Insiders bought 775 shares of company stock valued at $199,255 over the last quarter. 17.79% of the stock is currently owned by company 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.