Frasers Group Plc (LON:FRAS - Get Free Report)'s share price rose 1.5% during mid-day trading on Thursday . The company traded as high as GBX 638 ($7.84) and last traded at GBX 630.50 ($7.75). Approximately 285,485 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 1,213,909 shares. The stock had previously closed at GBX 621 ($7.63).
Analysts Set New Price Targets
Several brokerages have recently commented 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 set a GBX 1,200 ($14.74) price target on shares of Frasers Group in a research report on Friday, December 6th.
Get Our Latest Stock Analysis on Frasers Group
Frasers Group Trading Down 2.2 %
The company has a debt-to-equity ratio of 77.55, a quick ratio of 0.64 and a current ratio of 2.57. The firm has a market capitalization of £2.80 billion, a PE ratio of 691.11, a P/E/G ratio of 0.30 and a beta of 1.86. The stock's 50-day simple moving average is GBX 630.91 and its 200-day simple moving average is GBX 757.37.
Frasers Group (LON:FRAS - Get Free Report) last announced its quarterly earnings results on Thursday, December 5th. The company reported GBX 51 ($0.63) earnings per share (EPS) for the quarter. Frasers Group had a net margin of 6.88% and a return on equity of 22.54%. As a group, sell-side analysts expect that Frasers Group Plc will post 87.0607029 EPS for the current fiscal year.
Insiders Place Their Bets
In other Frasers Group news, insider David Daly acquired 3,084 shares of the business's stock in a transaction on Thursday, December 5th. The shares were acquired at an average price of GBX 645 ($7.92) per share, for a total transaction of £19,891.80 ($24,440.10). 77.18% of the stock is owned by corporate insiders.
About Frasers Group
(
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.
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