Frontier Developments (LON:FDEV) Reaches New 52-Week High – What’s Next?

Shares of Frontier Developments plc (LON:FDEV) reached a new 52-week high on Friday . The stock traded as high as GBX 322 ($4.33) and last traded at GBX 320.50 ($4.31), with a volume of 98184 shares traded. The stock had previously closed at GBX 312 ($4.20).

Frontier Developments Stock Up 2.7%

The company has a debt-to-equity ratio of 27.70, a quick ratio of 2.61 and a current ratio of 2.93. The firm’s 50-day moving average is GBX 225.54 and its two-hundred day moving average is GBX 213.82. The stock has a market cap of £123.12 million, a P/E ratio of -5.74, a PEG ratio of 2.11 and a beta of 0.03.

Frontier Developments Company Profile

Frontier is a leading independent developer and publisher of video games for PC and console, creating immersive and fun gameplay, with unparalleled artistic quality.

At Frontier, we specialise in creating endless possibilities in playful, fun and creative worlds. From some of the world’s biggest licensed entertainment and sporting franchises, to intricately crafted worlds where players can explore and make their mark, our games are all underpinned by our unwavering passion for creating compelling and innovative experiences that continue to inspire and delight our players.

We have created games that have defined genres, been critically acclaimed, and reached many millions of players.