Frontier Developments plc (LON:FDEV - Get Free Report) shares traded down 1.5% during trading on Monday . The stock traded as low as GBX 233 ($2.98) and last traded at GBX 235 ($3.00). 16,013 shares were traded during trading, a decline of 91% from the average session volume of 171,664 shares. The stock had previously closed at GBX 238.50 ($3.05).
Analyst Upgrades and Downgrades
FDEV has been the topic of a number of research analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 330 ($4.22) target price on shares of Frontier Developments in a report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 300 ($3.83) price objective on shares of Frontier Developments in a research report on Thursday, September 12th. Finally, Shore Capital reiterated a "buy" rating on shares of Frontier Developments in a research report on Wednesday, September 11th.
Read Our Latest Stock Analysis on Frontier Developments
Frontier Developments Price Performance
The business's 50-day simple moving average is GBX 234.80 and its two-hundred day simple moving average is GBX 251.71. The stock has a market cap of £90.80 million, a price-to-earnings 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 current ratio of 2.93 and a quick ratio of 2.61.
About Frontier Developments
(
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Frontier Developments plc develops and publishes video games for interactive entertainment sector. The company develops games using its cross-platform technology, Cobra. It also publishes games developed by selected partner studios under its Frontier Foundry games label. The company was incorporated in 1994 and is headquartered in Cambridge, the United Kingdom.
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