Frasers Group (LON:FRAS) Hits New 52-Week Low - Time to Sell?

Frasers Group Plc (LON:FRAS - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 621.50 ($7.92) and last traded at GBX 624 ($7.95), with a volume of 702310 shares. The stock had previously closed at GBX 638 ($8.13).

Analysts Set New Price Targets

Several equities analysts have weighed in on FRAS shares. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,200 ($15.29) price target on shares of Frasers Group in a report on Friday. Shore Capital reiterated a "buy" rating on shares of Frasers Group in a research note on Friday.

Frasers Group Stock Down 0.9 %

The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 77.55. The company has a market capitalization of £2.85 billion, a PE ratio of 702.22, a PEG ratio of 0.30 and a beta of 1.86. The company's 50 day moving average is GBX 777.01 and its two-hundred day moving average is GBX 829.33.

Frasers Group (LON:FRAS - Get Free Report) last issued its earnings results on Thursday, December 5th. The company reported GBX 51 ($0.65) earnings per share (EPS) for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. On average, analysts anticipate that Frasers Group Plc will post 87.0607029 earnings per share for the current year.

Insider Activity

In other news, insider David Daly acquired 3,084 shares of the company's stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of GBX 645 ($8.22) per share, with a total value of £19,891.80 ($25,349.56). Corporate insiders own 77.18% of the company's stock.

Frasers Group Company Profile

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.