Frontier Developments plc (LON:FDEV - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 252.84 ($3.28) and traded as low as GBX 229 ($2.97). Frontier Developments shares last traded at GBX 235 ($3.05), with a volume of 46,326 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on FDEV shares. Shore Capital restated a "buy" rating on shares of Frontier Developments in a research note on Wednesday, September 11th. Berenberg Bank restated a "buy" rating and set a GBX 330 ($4.28) target price on shares of Frontier Developments in a research report on Wednesday, September 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 300 ($3.90) target price on shares of Frontier Developments in a report on Thursday, September 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of GBX 250 ($3.25).
Read Our Latest Stock Analysis on FDEV
Frontier Developments Price Performance
The company has a quick ratio of 2.61, a current ratio of 2.93 and a debt-to-equity ratio of 27.70. The stock has a market capitalization of £92.78 million, a price-to-earnings ratio of -419.64, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The stock has a 50 day moving average price of GBX 246.50 and a 200 day moving average price of GBX 252.71.
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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