Frontier Developments (LON:FDEV) Shares Pass Above Fifty Day Moving Average - What's Next?

Shares of Frontier Developments plc (LON:FDEV - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 213.61 ($2.64) and traded as high as GBX 226.80 ($2.80). Frontier Developments shares last traded at GBX 226.50 ($2.80), with a volume of 63,251 shares.

Frontier Developments Stock Up 1.5 %

The company has a market cap of £90.80 million, a P/E ratio of -410.71, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The company has a debt-to-equity ratio of 27.70, a quick ratio of 2.61 and a current ratio of 2.93. The business's fifty day moving average is GBX 213.44 and its two-hundred day moving average is GBX 238.52.

Frontier Developments (LON:FDEV - Get Free Report) last posted its earnings results on Wednesday, January 15th. The company reported GBX 11.40 ($0.14) EPS for the quarter. Frontier Developments had a negative net margin of 24.05% and a negative return on equity of 24.85%. Equities analysts predict that Frontier Developments plc will post 7.0917759 EPS for the current year.

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.