First Derivatives (LON:FDP) Shares Pass Above Fifty Day Moving Average of $3,157.03

Shares of First Derivatives plc (LON:FDP) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $3,157.03 and traded as high as $2,935.00. First Derivatives shares last traded at $2,765.00, with a volume of 24,769 shares traded.

A number of brokerages have recently commented on FDP. Berenberg Bank boosted their price objective on shares of First Derivatives from GBX 2,100 ($27.44) to GBX 2,750 ($35.93) and gave the stock a “hold” rating in a research report on Wednesday, May 29th. Shore Capital reaffirmed a “buy” rating on shares of First Derivatives in a research report on Tuesday, May 21st. Finally, Liberum Capital reaffirmed a “buy” rating on shares of First Derivatives in a research report on Monday, July 29th.

The company has a debt-to-equity ratio of 24.71, a current ratio of 0.65 and a quick ratio of 0.58. The business has a 50-day simple moving average of GBX 3,124.53. The stock has a market capitalization of $733.41 million and a PE ratio of 57.72.

The company also recently declared a dividend, which was paid on Friday, July 19th. Shareholders of record on Thursday, June 20th were given a dividend of GBX 19.30 ($0.25) per share. This is a positive change from First Derivatives’s previous dividend of $7.70. This represents a yield of 0.61%. The ex-dividend date of this dividend was Thursday, June 20th. First Derivatives’s dividend payout ratio is 0.56%.

First Derivatives Company Profile (LON:FDP)

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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