Frontier Developments (LON:FDEV) Shares Cross Above Fifty Day Moving Average – What’s Next?

Frontier Developments plc (LON:FDEV) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 208.78 ($2.70) and traded as high as GBX 220 ($2.84). Frontier Developments shares last traded at GBX 220 ($2.84), with a volume of 89,478 shares traded.

Frontier Developments Stock Up 0.9 %

The company has a current ratio of 2.93, a quick ratio of 2.61 and a debt-to-equity ratio of 27.70. The firm’s fifty day moving average is GBX 208.78 and its 200 day moving average is GBX 219.58. The stock has a market cap of £84.51 million, a P/E ratio of -3.94, a P/E/G ratio of 2.11 and a beta of 0.03.

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

About Frontier Developments

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.