First Derivatives (LON:FDP) Sets New 12-Month High at $3,355.00

First Derivatives plc (LON:FDP) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 3,355 ($43.84) and last traded at GBX 3,335 ($43.58), with a volume of 122652 shares. The stock had previously closed at GBX 3,205 ($41.88).

A number of brokerages recently issued reports on FDP. Peel Hunt reissued an “add” rating on shares of First Derivatives in a report on Wednesday, July 8th. Shore Capital reissued a “buy” rating on shares of First Derivatives in a report on Wednesday, August 12th. Finally, Berenberg Bank dropped their price objective on First Derivatives from GBX 2,750 ($35.93) to GBX 2,200 ($28.75) and set a “hold” rating on the stock in a report on Thursday, May 21st.

The firm has a market cap of $919.68 million and a PE ratio of 61.53. The company has a current ratio of 1.62, a quick ratio of 1.46 and a debt-to-equity ratio of 64.46. The business has a fifty day moving average of GBX 2,998 and a 200-day moving average of GBX 2,601.28.

About First Derivatives (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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