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Home / Momentum / FDM (Holdings) PLC (FDM.L) 02-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

FDM (Holdings) PLC (FDM.L) 02-12-19

Will shares in FDM (Holdings) PLC (FDM.L) continue to new highs?

 

  • The share price performance has been very strong, now trading at 956p (at time of writing)
  • Will we see an end to the trend, or is the momentum set to continue?
  • Could this be the ideal opportunity for those seeking a momentum play?
  • Whilst the trend has been relentless, remember that strong past performance may not always continue.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -3% from 12-month highs; +47% from 12 month lows.

Latest News

25 Sep:  FDM Group, the IT professional services provider, announced the appointment of Jacqueline de Rojas as non-Executive Director.

23 Jul:  FDM Group announced a 9% increase in H1 profits with revenues growing in the UK and at overseas operations.

20 May:  Roderick Flavell, CEO, exercised 40,000 shares in the firm on the 16th May 2019. This Director currently has 8,291,255 shares.

20 May:  Sheila Flavell, Executive Director, exercised 40,000 shares in the firm on the 16th May 2019. This Director currently has 8,291,254 shares.

20 May:  Mike McLaren, Financial Director, exercised 40,000 shares in the firm on the 16th May 2019. This Director currently has 539,295 shares.

20 May:  Mike McLaren, Financial Director, sold post-exercise 18,567 shares in the firm on the 16th May 2019 at a price of 972p. This Director currently has 520,728 shares.

25 Apr:  FDM Group stated that Q1 performance was in line with expectations. Total revenues were up 16%.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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