FD Technologies (LON:FDP) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of FD Technologies plc (LON:FDP) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,940.01 ($26.03) and traded as high as GBX 2,455 ($32.94). FD Technologies shares last traded at GBX 2,425 ($32.54), with a volume of 20,396 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital lowered shares of FD Technologies to a “hold” rating in a research report on Thursday, May 8th.

FD Technologies Stock Up 0.2%

The firm’s 50-day moving average price is GBX 2,182.73 and its 200 day moving average price is GBX 1,940.01. The firm has a market capitalization of £538.88 million, a price-to-earnings ratio of -16.80 and a beta of 0.74. The company has a debt-to-equity ratio of 31.67, a current ratio of 1.18 and a quick ratio of 1.58.

FD Technologies (LON:FDP) last released its quarterly earnings results on Tuesday, June 3rd. The company reported GBX (49.70) (($0.67)) EPS for the quarter. FD Technologies had a negative net margin of 16.39% and a negative return on equity of 24.32%. Sell-side analysts expect that FD Technologies plc will post 63.2315053 EPS for the current year.

About FD Technologies

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, which provides software to accelerate AI-driven innovation and First Derivative, providing consulting services which drive digital transformation in financial services and capital markets.