What’s in FDM Group (Holdings) PLC After Today’s Huge Decline?

 What's in FDM Group (Holdings) PLC After Today's Huge Decline?

The stock of FDM Group (Holdings) PLC (LON:FDM) is a huge mover today! The stock increased 2.91% or GBX 15 on November 22, hitting GBX 530. About 9,739 shares traded hands. FDM Group (Holdings) PLC (LON:FDM) has declined 7.79% since April 22, 2016 and is downtrending. It has underperformed by 12.34% the S&P500.
The move comes after 9 months negative chart setup for the GBX 569.84M company. It was reported on Nov, 22 by Barchart.com. We have GBX 487.60 PT which if reached, will make LON:FDM worth GBX 45.59M less.

FDM Group plc is a United Kingdom company, which is engaged in providing professional services focusing on information technology (IT). The company has a market cap of 569.84 million GBP. The Company’s four geographical operating divisions: UK and Ireland; North America; Rest of Europe, Middle East and Africa, and Asia Pacific (APAC). It has a 24.11 P/E ratio. The Company’s business activities involve recruiting, training and placing its own permanent IT and business consultants (known as Mounties) at client sites across a range of technical and business disciplines, including development, testing, project management office (PMO), data services, business analysis, business intelligence and cyber security.

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