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Frontier Developments (LON:FDEV) Trading Up 17.9% - Here's Why

Frontier Developments logo with Communication Services background

Frontier Developments plc (LON:FDEV - Get Free Report)'s share price rose 17.9% during mid-day trading on Wednesday . The company traded as high as GBX 324.50 ($4.40) and last traded at GBX 318.42 ($4.32). Approximately 1,086,482 shares were traded during trading, an increase of 1,388% from the average daily volume of 73,007 shares. The stock had previously closed at GBX 270 ($3.66).

Frontier Developments Stock Down 1.3%

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 stock has a market capitalization of £112.94 million, a PE ratio of -5.26, a PEG ratio of 2.11 and a beta of 0.03. The firm's fifty day moving average is GBX 210.97 and its 200-day moving average is GBX 210.42.

About Frontier Developments

(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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