Frontier Developments (LON:FDEV) Share Price Crosses Below 200-Day Moving Average - Here's What Happened

Frontier Developments plc (LON:FDEV - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 218.07 ($2.85) and traded as low as GBX 207.15 ($2.71). Frontier Developments shares last traded at GBX 210 ($2.75), with a volume of 31,308 shares changing hands.

Frontier Developments Stock Performance

The business's fifty day simple moving average is GBX 204.57 and its 200-day simple moving average is GBX 217.04. 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 firm has a market capitalization of £77.41 million, a PE ratio of -3.61, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03.

Frontier Developments (LON:FDEV - Get Free Report) last released its quarterly earnings results on Wednesday, January 15th. The company reported GBX 11.40 ($0.15) earnings per share for the quarter. Frontier Developments had a negative return on equity of 30.43% and a negative net margin of 24.05%. As a group, equities research analysts expect 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.