Frasers Group (LON:FRAS) Sets New 1-Year Low – What’s Next?

Frasers Group Plc (LON:FRAS) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 771.50 ($10.01) and last traded at GBX 772 ($10.01), with a volume of 270451 shares changing hands. The stock had previously closed at GBX 784.50 ($10.17).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Frasers Group in a research report on Thursday, July 18th.

Frasers Group Stock Performance

The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 77.55. The firm has a 50-day simple moving average of GBX 832.10 and a 200 day simple moving average of GBX 841.34. The company has a market cap of £3.48 billion, a price-to-earnings ratio of 871.11, a price-to-earnings-growth ratio of 0.30 and a beta of 1.86.

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.