Frontier Developments (LON:FDEV) Shares Pass Above 50 Day Moving Average - Here's What Happened

Frontier Developments plc (LON:FDEV - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 201.82 ($2.72) and traded as high as GBX 256.94 ($3.46). Frontier Developments shares last traded at GBX 248 ($3.34), with a volume of 482,612 shares changing hands.

Frontier Developments Stock Down 0.2%

The firm's 50 day moving average is GBX 202.91 and its two-hundred day moving average is GBX 208.01. The firm has a market capitalization of £95.65 million, a P/E ratio of -4.46, a PEG ratio of 2.11 and a beta of 0.03. The company has a debt-to-equity ratio of 27.70, a current ratio of 2.93 and a quick ratio of 2.61.

Frontier Developments Company Profile

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.