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Frontier Developments (LON:FDEV) Hits New 12-Month High - Still a Buy?

Frontier Developments logo with Communication Services background

Shares of Frontier Developments plc (LON:FDEV - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 365 ($4.92) and last traded at GBX 361 ($4.87), with a volume of 65012 shares changing hands. The stock had previously closed at GBX 362 ($4.88).

Frontier Developments Trading Down 0.3%

The company's 50-day moving average is GBX 266.09 and its 200 day moving average is GBX 225.96. The company has a market cap of £138.68 million, a price-to-earnings ratio of -6.46, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The company has a quick ratio of 2.61, a current ratio of 2.93 and a debt-to-equity ratio of 27.70.

Insider Buying and Selling at Frontier Developments

In other news, insider David John Braben sold 10,000 shares of the firm's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of GBX 347 ($4.68), for a total value of £34,700 ($46,797.03). Corporate insiders own 49.47% of the company's stock.

Frontier Developments Company Profile

(Get Free Report)

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.

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