Frontier Developments (LON:FDEV) Stock Crosses Below 200 Day Moving Average - Time to Sell?

Frontier Developments plc (LON:FDEV - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 216.05 ($2.86) and traded as low as GBX 189 ($2.50). Frontier Developments shares last traded at GBX 190.80 ($2.53), with a volume of 78,258 shares.

Frontier Developments Price Performance

The company has a quick ratio of 2.61, a current ratio of 2.93 and a debt-to-equity ratio of 27.70. The company has a market capitalization of £73.45 million, a price-to-earnings ratio of -3.42, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The stock's 50-day moving average price is GBX 202.13 and its 200-day moving average price is GBX 214.82.

Frontier Developments Company Profile

Frontier is a leading independent developer and publisher of video games for PC and console, creating immersive and fun gameplay, with unparalleled artistic quality. At Frontier, we specialise in creating endless possibilities in playful, fun and creative worlds. From some of the world's biggest licensed entertainment and sporting franchises, to intricately crafted worlds where players can explore and make their mark, our games are all underpinned by our unwavering passion for creating compelling and innovative experiences that continue to inspire and delight our players. We have created games that have defined genres, been critically acclaimed, and reached many millions of players.