Frontier Developments plc (LON:FDEV - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 254 ($3.29) and traded as low as GBX 251.50 ($3.26). Frontier Developments shares last traded at GBX 265 ($3.44), with a volume of 170,621 shares changing hands.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the stock. Shore Capital reiterated a "buy" rating on shares of Frontier Developments in a research report on Wednesday, September 11th. Berenberg Bank reiterated a "buy" rating and issued a GBX 330 ($4.28) price target on shares of Frontier Developments in a research report on Wednesday, September 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 300 ($3.89) price target on shares of Frontier Developments in a research report on Thursday, September 12th. One equities 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 stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of GBX 250 ($3.24).
Read Our Latest Stock Report on FDEV
Frontier Developments Trading Up 1.9 %
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 company has a market cap of £106.60 million, a P/E ratio of -477.97, a PEG ratio of 2.11 and a beta of 0.03. The firm's 50 day moving average is GBX 242.04 and its two-hundred day moving average is GBX 254.
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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