First Derivatives (LON:FDP) Earns Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of First Derivatives (LON:FDP) in a research note issued to investors on Thursday, April 18th, ThisIsMoney.Co.Uk reports.

Several other research firms also recently commented on FDP. Liberum Capital reissued a buy rating on shares of First Derivatives in a report on Thursday, April 18th. Berenberg Bank restated a hold rating and set a GBX 2,100 ($27.44) target price (down from GBX 4,300 ($56.19)) on shares of First Derivatives in a research report on Monday, January 7th.

First Derivatives stock traded up GBX 40 ($0.52) during mid-day trading on Thursday, hitting GBX 3,105 ($40.57). The stock had a trading volume of 139,786 shares, compared to its average volume of 17,708. The company has a market capitalization of $814.58 million and a P/E ratio of 73.23. The company has a debt-to-equity ratio of 26.66, a quick ratio of 0.80 and a current ratio of 0.80. First Derivatives has a one year low of GBX 2,010 ($26.26) and a one year high of GBX 4,800 ($62.72).

About First Derivatives

First Derivatives plc provides software and consulting services internationally. The company operates through Consulting and Software segments. It provides kdb+, an in-memory, time-series database. The company also designs, develops, implements, and supports a range of data and trading systems for front, middle, and back-office operations.

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