Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)

Shore Capital reiterated their buy rating on shares of Frontier Developments (LON:FDEV) in a report released on Tuesday morning, Marketbeat reports.

Frontier Developments Trading Up 2.5 %

Shares of FDEV opened at GBX 290 ($3.64) on Tuesday. The stock has a fifty day moving average price of GBX 174.37 and a two-hundred day moving average price of GBX 169.08. The company has a debt-to-equity ratio of 29.58, a quick ratio of 2.61 and a current ratio of 2.13. Frontier Developments has a 52-week low of GBX 95 ($1.19) and a 52-week high of GBX 649 ($8.15). The company has a market cap of £114.32 million, a price-to-earnings ratio of -180.25, a PEG ratio of 2.11 and a beta of 0.02.

Frontier Developments Company Profile

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.