Frasers Group Plc (LON:FRAS - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 571 ($7.03) and last traded at GBX 571 ($7.03), with a volume of 350377 shares. The stock had previously closed at GBX 589.50 ($7.25).
Analyst Ratings Changes
Several brokerages have recently issued reports on FRAS. Shore Capital cut Frasers Group to a "hold" rating in a research note on Friday, December 13th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,200 ($14.77) price target on shares of Frasers Group in a report on Friday, December 6th.
Read Our Latest Stock Report on Frasers Group
Frasers Group Price Performance
The stock has a fifty day simple moving average of GBX 678.84 and a 200-day simple moving average of GBX 787.59. The company has a market capitalization of £2.64 billion, a PE ratio of 651.11, a P/E/G ratio of 0.30 and a beta of 1.86. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 77.55.
Frasers Group (LON:FRAS - Get Free Report) last posted its earnings results on Thursday, December 5th. The company reported GBX 51 ($0.63) earnings per share for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. Equities analysts anticipate that Frasers Group Plc will post 87.0607029 earnings per share for the current year.
Insider Activity
In other Frasers Group news, insider David Daly purchased 3,084 shares of Frasers Group stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of GBX 645 ($7.94) per share, for a total transaction of £19,891.80 ($24,476.19). Company insiders own 77.18% of the company's stock.
Frasers Group Company Profile
(
Get Free Report)
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.
See Also
Before you consider Frasers Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frasers Group wasn't on the list.
While Frasers Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.