Shares of 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 247.56 ($3.10) and traded as low as GBX 190 ($2.38). Frontier Developments shares last traded at GBX 199 ($2.49), with a volume of 16,209 shares traded.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the company. Shore Capital restated a "buy" rating on shares of Frontier Developments in a research note on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 300 ($3.76) price target on shares of Frontier Developments in a research note on Thursday, September 12th. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 330 ($4.14) target price on shares of Frontier Developments in a report on Wednesday, September 11th.
Get Our Latest Research Report on Frontier Developments
Frontier Developments Price Performance
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 company has a market capitalization of £78.57 million, a PE ratio of -355.36, a P/E/G ratio of 2.11 and a beta of 0.03. The company's 50-day simple moving average is GBX 230.06 and its 200-day simple moving average is GBX 246.99.
About Frontier Developments
(
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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.
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