Frontier Developments’ (FDEV) Buy Rating Reaffirmed at Shore Capital

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

Frontier Developments Stock Performance

FDEV stock opened at GBX 290 ($3.64) on Tuesday. The firm has a market cap of £114.32 million, a P/E ratio of -180.25, a P/E/G ratio of 2.11 and a beta of 0.02. The stock’s 50 day simple moving average is GBX 174.37 and its 200 day simple moving average is GBX 169.08. The company has a current ratio of 2.13, a quick ratio of 2.61 and a debt-to-equity ratio of 29.58. Frontier Developments has a 12-month low of GBX 95 ($1.19) and a 12-month high of GBX 649 ($8.15).

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.