FD Technologies (LON:FDP) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

FD Technologies plc (LON:FDP) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,779.57 ($22.91) and traded as low as GBX 1,624 ($20.91). FD Technologies shares last traded at GBX 1,662 ($21.40), with a volume of 43,339 shares trading hands.

Analysts Set New Price Targets

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

FD Technologies Trading Down 1.5 %

The company has a current ratio of 1.18, a quick ratio of 1.58 and a debt-to-equity ratio of 31.67. The business has a 50 day moving average price of GBX 1,770.84 and a 200-day moving average price of GBX 1,782.55. The company has a market cap of £410.21 million, a P/E ratio of -12.79 and a beta of 0.74.

About FD Technologies

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.