Frontier Developments (LON:FDEV) Hits New 12-Month High - Should You Buy?

Frontier Developments plc (LON:FDEV - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 351.61 ($4.78) and last traded at GBX 348 ($4.73), with a volume of 145052 shares traded. The stock had previously closed at GBX 333 ($4.52).

Frontier Developments Stock Up 3.5%

The stock has a market cap of £137.14 million, a P/E ratio of -6.39, a P/E/G 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. The company has a 50-day simple moving average of GBX 259.47 and a two-hundred day simple moving average of GBX 223.34.

Insider Buying and Selling

In other Frontier Developments news, insider David John Braben sold 10,000 shares of the stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of GBX 347 ($4.71), for a total transaction of £34,700 ($47,140.33). 49.47% of the stock is owned by corporate insiders.

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.