Frasers Group (LON:FRAS) Hits New 52-Week Low – Here’s What Happened

Frasers Group Plc (LON:FRAS)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 719 ($9.25) and last traded at GBX 738 ($9.50), with a volume of 72849 shares changing hands. The stock had previously closed at GBX 750 ($9.65).

Wall Street Analysts Forecast Growth

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

Frasers Group Trading Down 0.8 %

The firm has a 50-day simple moving average of GBX 814.59 and a 200-day simple moving average of GBX 839.34. 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 stock has a market cap of £3.26 billion, a PE ratio of 815.56, a P/E/G ratio of 0.30 and a beta of 1.86.

Frasers Group Company Profile

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.