Frontier Developments (LON:FDEV) Trading 31.9% Higher – Should You Buy?

Frontier Developments plc (LON:FDEVGet Free Report) shares traded up 31.9% on Wednesday . The company traded as high as GBX 244 ($2.98) and last traded at GBX 244 ($2.98). 347,810 shares traded hands during trading, an increase of 325% from the average session volume of 81,772 shares. The stock had previously closed at GBX 185 ($2.26).

Frontier Developments Trading Up 25.5 %

The firm has a market capitalization of £91.66 million, a price-to-earnings ratio of -414.59, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The company has a fifty day moving average price of GBX 216.48 and a 200-day moving average price of GBX 239.47. The company has a current ratio of 2.93, a quick ratio of 2.61 and a debt-to-equity ratio of 27.70.

About Frontier Developments

(Get Free Report)

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.

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