Frasers Group (LON:FRAS) Sets New 52-Week Low - What's Next?

Frasers Group Plc (LON:FRAS - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 603.50 ($7.57) and last traded at GBX 605.50 ($7.59), with a volume of 1308169 shares. The stock had previously closed at GBX 626.55 ($7.85).

Analysts Set New Price Targets

Several brokerages have recently issued reports on FRAS. Shore Capital downgraded shares of Frasers Group to a "hold" rating in a research note on Friday, December 13th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 1,200 ($15.04) price objective on shares of Frasers Group in a research report on Friday, December 6th.

Frasers Group Price Performance

The firm has a fifty day moving average of GBX 735.81 and a 200 day moving average of GBX 814.19. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 77.55. The company has a market capitalization of £2.73 billion, a P/E ratio of 672.78, a P/E/G ratio of 0.30 and a beta of 1.86.

Frasers Group (LON:FRAS - Get Free Report) last announced its quarterly earnings results on Thursday, December 5th. The company reported GBX 51 ($0.64) EPS for the quarter. Frasers Group had a net margin of 6.88% and a return on equity of 22.54%. On average, equities research analysts anticipate that Frasers Group Plc will post 87.0607029 EPS for the current year.

Insider Activity at Frasers Group

In other Frasers Group news, insider David Daly purchased 3,084 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were acquired at an average cost of GBX 645 ($8.09) per share, for a total transaction of £19,891.80 ($24,936.44). 77.18% of the stock is owned by company insiders.

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.