Frontier Developments (LON:FDEV) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Shares of Frontier Developments plc (LON:FDEV) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 218.07 ($2.79) and traded as low as GBX 207.15 ($2.65). Frontier Developments shares last traded at GBX 210 ($2.68), with a volume of 31,308 shares.

Frontier Developments Stock Performance

The firm has a market cap of £80.48 million, a PE ratio of -3.75, a P/E/G ratio of 2.11 and a beta of 0.03. The stock has a 50-day moving average price of GBX 205.97 and a 200 day moving average price of GBX 218.07. The company has a debt-to-equity ratio of 27.70, a current ratio of 2.93 and a quick ratio of 2.61.

Frontier Developments (LON:FDEV) last posted its quarterly earnings results on Wednesday, January 15th. The company reported GBX 11.40 ($0.15) EPS for the quarter. Frontier Developments had a negative return on equity of 30.43% and a negative net margin of 24.05%. Research analysts forecast that Frontier Developments plc will post 7.0917759 earnings per share for the current year.

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.