Frasers Group (LON:FRAS) Stock Price Up 1.7%

Shares of Frasers Group Plc (LON:FRAS) rose 1.7% during mid-day trading on Monday . The company traded as high as GBX 803.50 ($9.92) and last traded at GBX 798 ($9.86). Approximately 244,128 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 360,382 shares. The stock had previously closed at GBX 784.50 ($9.69).

Wall Street Analyst Weigh In

Separately, Numis Securities restated a “buy” rating and issued a GBX 1,100 ($13.59) price target on shares of Frasers Group in a research note on Friday, March 8th.

Frasers Group Trading Up 1.7 %

The company has a quick ratio of 0.64, a current ratio of 2.18 and a debt-to-equity ratio of 89.18. The stock has a fifty day simple moving average of GBX 805.57 and a 200 day simple moving average of GBX 831.93. The firm has a market capitalization of £3.61 billion, a P/E ratio of 712.50, a PEG ratio of 0.30 and a beta of 1.83.

Insider Buying and Selling at Frasers Group

In other news, insider David Brayshaw sold 1,394 shares of Frasers Group stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of GBX 833 ($10.29), for a total value of £11,612.02 ($14,342.91). Insiders own 76.88% of the company’s stock.

About Frasers Group

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.