Frontier Developments plc (LON:FDEV - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 250.09 ($3.27) and traded as low as GBX 207 ($2.70). Frontier Developments shares last traded at GBX 218.50 ($2.85), with a volume of 124,101 shares traded.
Analyst Ratings Changes
Several brokerages have issued reports on FDEV. Berenberg Bank restated a "buy" rating and set a GBX 330 ($4.31) price objective on shares of Frontier Developments in a research note on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 300 ($3.92) price objective on shares of Frontier Developments in a report on Thursday, September 12th. Finally, Shore Capital reissued a "buy" rating on shares of Frontier Developments in a report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of GBX 250 ($3.26).
Check Out Our Latest Report on Frontier Developments
Frontier Developments Stock Up 3.4 %
The company has a current ratio of 2.93, a quick ratio of 2.61 and a debt-to-equity ratio of 27.70. The stock has a market cap of £89.22 million, a P/E ratio of -403.57, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The stock's 50-day moving average is GBX 255.76 and its 200-day moving average is GBX 250.09.
Frontier Developments Company Profile
(
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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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