First Derivatives (LON:FDP) Rating Reiterated by Shore Capital

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

Separately, Liberum Capital restated a buy rating on shares of First Derivatives in a research note on Monday, July 29th.

Shares of LON FDP opened at GBX 2,350 ($30.71) on Tuesday. The business has a fifty day simple moving average of GBX 2,217 and a 200 day simple moving average of GBX 2,762.73. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 65.80. The firm has a market capitalization of $633.83 million and a price-to-earnings ratio of 46.63. First Derivatives has a one year low of GBX 220 ($2.87) and a one year high of GBX 3,635 ($47.50).

The company also recently announced a dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be paid a GBX 8.50 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a dividend yield of 0.37%. First Derivatives’s payout ratio is 0.54%.

First Derivatives Company Profile

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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