Frontier Developments (LON:FDEV) Shares Up 17.9% - What's Next?

Shares of Frontier Developments plc (LON:FDEV - Get Free Report) shot up 17.9% during mid-day trading on Wednesday . The stock traded as high as GBX 324.50 ($4.41) and last traded at GBX 318.42 ($4.32). 1,086,482 shares traded hands during trading, an increase of 1,388% from the average session volume of 73,007 shares. The stock had previously closed at GBX 270 ($3.67).

Frontier Developments Stock Performance

The firm has a market capitalization of £112.94 million, a PE ratio of -5.26, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The firm's 50 day moving average price is GBX 214.56 and its 200-day moving average price is GBX 211.35. The company has a debt-to-equity ratio of 27.70, a quick ratio of 2.61 and a current ratio of 2.93.

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.