Frasers Group (LON:FRAS) Trading Down 0.9%

Frasers Group plc (LON:FRASGet Rating) traded down 0.9% during mid-day trading on Thursday . The company traded as low as GBX 878 ($10.38) and last traded at GBX 878 ($10.38). 402,422 shares were traded during trading, a decline of 31% from the average session volume of 580,688 shares. The stock had previously closed at GBX 886 ($10.48).

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised shares of Frasers Group to a “sector perform” rating and dropped their price target for the company from GBX 850 ($10.05) to GBX 750 ($8.87) in a report on Wednesday, October 19th.

Frasers Group Stock Performance

The business’s fifty day moving average price is GBX 708.88 and its 200-day moving average price is GBX 738.74. The company has a debt-to-equity ratio of 110.69, a quick ratio of 0.80 and a current ratio of 2.54. The stock has a market cap of £4.19 billion and a PE ratio of 1,756.00.

Insider Transactions at Frasers Group

In other Frasers Group news, insider David Daly acquired 3,117 shares of the stock in a transaction dated Thursday, November 3rd. The shares were purchased at an average price of GBX 645 ($7.63) per share, for a total transaction of £20,104.65 ($23,772.79).

About Frasers Group

(Get Rating)

Frasers Group plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, and apparel through department stores, shops, and online in the United Kingdom and internationally. The company operates through five segments: UK Sports Retail, Premium Lifestyle, European Retail, Rest of World Retail, and Wholesale & Licensing.

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