Frontier Developments (LON:FDEV) Stock Price Up 31.9% - Still a Buy?

Frontier Developments plc (LON:FDEV - Get Free Report) traded up 31.9% on Wednesday . The company traded as high as GBX 244 ($2.98) and last traded at GBX 244 ($2.98). 347,810 shares were traded during mid-day trading, an increase of 325% from the average session volume of 81,772 shares. The stock had previously closed at GBX 185 ($2.26).

Frontier Developments Price Performance

The firm has a 50-day moving average of GBX 216.48 and a 200-day moving average of GBX 239.47. The stock has a market cap of £91.59 million, a PE ratio of -414.29, a PEG 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

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.