Shore Capital Reiterates Buy Rating for Frontier Developments (LON:FDEV)

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

Frontier Developments Stock Performance

Shares of LON FDEV opened at GBX 299 ($3.76) on Tuesday. The company has a debt-to-equity ratio of 29.58, a current ratio of 2.13 and a quick ratio of 2.61. Frontier Developments has a 1 year low of GBX 95 ($1.19) and a 1 year high of GBX 649 ($8.15). The firm has a fifty day moving average price of GBX 181.64 and a 200-day moving average price of GBX 170.89. The stock has a market cap of £117.87 million, a PE ratio of -190.45, a price-to-earnings-growth ratio of 2.11 and a beta of 0.02.

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.