Frasers Group (LON:FRAS) Stock Price Down 1.3% - Should You Sell?

Key Points

• Frasers Group shares fell 1.3% midday to GBX 663.50 (intraday low GBX 659.50) on volume of about 110,911 shares, a ~91% decline from the average daily volume of 1.241 million shares.
• Analysts have a consensus Hold rating with a consensus target price of GBX 950 (one Buy, two Hold), and Shore Capital recently reaffirmed its Hold rating.
• The stock trades at a low valuation (market cap £2.86bn, P/E 6.14, P/E/G 0.30) but shows high leverage and liquidity pressure (debt-to-equity 98.6, quick ratio 0.64), with 50- and 200-day moving averages at GBX 677.87 and GBX 693.85 respectively.

Frasers Group Plc (LON:FRAS - Get Free Report)'s stock price dropped 1.3% during mid-day trading on Monday . The stock traded as low as GBX 659.50 and last traded at GBX 663.50. Approximately 110,911 shares changed hands during trading, a decline of 91% from the average daily volume of 1,241,000 shares. The stock had previously closed at GBX 672.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a "hold" rating on shares of Frasers Group in a research note on Monday, February 9th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Frasers Group presently has a consensus rating of "Hold" and a consensus target price of GBX 950.

Frasers Group Stock Down 1.3%

The company's 50 day moving average price is GBX 677.87 and its two-hundred day moving average price is GBX 693.85. The company has a quick ratio of 0.64, a current ratio of 2.08 and a debt-to-equity ratio of 98.60. The stock has a market cap of £2.86 billion, a P/E ratio of 6.14, a P/E/G ratio of 0.30 and a beta of 1.26.

About Frasers Group

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. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.

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