Frontier Developments (LON:FDEV) Stock Rating Reaffirmed by Numis Securities

Frontier Developments (LON:FDEVGet Rating)‘s stock had its “sell” rating reissued by Numis Securities in a report issued on Thursday, MarketBeat.com reports.

FDEV has been the subject of several other reports. Credit Suisse Group lowered their target price on Frontier Developments from GBX 1,855 ($22.64) to GBX 1,800 ($21.96) and set an “outperform” rating for the company in a research note on Monday, September 26th. Shore Capital reissued a “buy” rating on shares of Frontier Developments in a research note on Wednesday, January 4th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 2,000 ($24.41) target price on shares of Frontier Developments in a research note on Friday, September 23rd.

Frontier Developments Price Performance

FDEV stock opened at GBX 492.50 ($6.01) on Thursday. The company has a current ratio of 2.77, a quick ratio of 2.61 and a debt-to-equity ratio of 17.52. The company has a market capitalization of £194.16 million and a PE ratio of 2,052.08. Frontier Developments has a 12-month low of GBX 442.50 ($5.40) and a 12-month high of GBX 1,648 ($20.11). The business’s fifty day moving average price is GBX 970.92 and its 200 day moving average price is GBX 1,244.29.

Insider Transactions at Frontier Developments

In other news, insider Charles Cotton sold 10,000 shares of the company’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of GBX 1,407 ($17.17), for a total transaction of £140,700 ($171,690.05). In related news, insider Charles Cotton sold 10,000 shares of the company’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of GBX 1,407 ($17.17), for a total value of £140,700 ($171,690.05). Also, insider David Ranken Gammon sold 35,000 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of GBX 1,400 ($17.08), for a total value of £490,000 ($597,925.56).

About Frontier Developments

(Get Rating)

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.

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