Frontier Developments (OTC:FRRDF) Stock Price Down 18.5% – Time to Sell?

Shares of Frontier Developments plc (OTC:FRRDFGet Free Report) traded down 18.5% on Thursday . The stock traded as low as $5.60 and last traded at $5.60. 400 shares changed hands during trading, a decline of 78% from the average session volume of 1,800 shares. The stock had previously closed at $6.87.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments from a “hold” rating to a “buy” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Frontier Developments has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on FRRDF

Frontier Developments Price Performance

The company has a 50-day moving average price of $7.27 and a two-hundred day moving average price of $6.24.

About Frontier Developments

(Get Free Report)

Frontier Developments Plc engages in the development of videogames. The company was founded by David John Braben on January 28, 1994 and is headquartered in Cambridge, the United Kingdom.

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