Frontier Developments (LON:FDEV) Shares Cross Above Fifty Day Moving Average of $474.80

Shares of Frontier Developments plc (LON:FDEV – Get Rating) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 474.80 ($5.99) and traded as high as GBX 549 ($6.93). Frontier Developments shares last traded at GBX 549 ($6.93), with a volume of 68,495 shares trading hands.

Analyst Ratings Changes

Separately, Numis Securities restated a “sell” rating on shares of Frontier Developments in a research note on Thursday, January 19th.

Frontier Developments Stock Performance

The company’s fifty day moving average price is GBX 474.80 and its 200 day moving average price is GBX 734.83. The company has a market cap of £214.05 million, a PE ratio of 1,220.00, a P/E/G ratio of 2.11 and a beta of 0.22. The company has a debt-to-equity ratio of 15.79, a current ratio of 2.55 and a quick ratio of 2.61.

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. Frontier Developments plc was incorporated in 1994 and is headquartered in Cambridge, the United Kingdom.