Frontier Developments (LON:FDEV) Receives “Buy” Rating from Shore Capital

Frontier Developments (LON:FDEV)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report issued on Tuesday, Marketbeat.com reports.

Frontier Developments Stock Performance

Shares of LON:FDEV opened at GBX 300 ($3.77) on Tuesday. Frontier Developments has a 52 week low of GBX 95 ($1.19) and a 52 week high of GBX 649 ($8.15). The stock has a market capitalization of £118.26 million, a P/E ratio of -191.08, a PEG ratio of 2.11 and a beta of 0.02. The firm has a fifty day simple moving average of GBX 178.09 and a two-hundred day simple moving average of GBX 169.99. The company has a quick ratio of 2.61, a current ratio of 2.13 and a debt-to-equity ratio of 29.58.

Frontier Developments Company Profile

Frontier Developments plc develops and publishes video games for interactive entertainment sector. The company develops games using its cross-platform technology, Cobra. It also publishes games developed by selected partner studios under its Frontier Foundry games label. The company was incorporated in 1994 and is headquartered in Cambridge, the United Kingdom.