Frasers Group (LON:FRAS) Sets New 12-Month Low – Here’s Why

Frasers Group Plc (LON:FRAS)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 6.51 ($0.08) and last traded at GBX 643 ($8.34), with a volume of 342313 shares traded. The stock had previously closed at GBX 653 ($8.47).

Analyst Upgrades and Downgrades

FRAS has been the topic of several recent analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,200 ($15.56) price objective on shares of Frasers Group in a research report on Friday, December 6th. Shore Capital cut shares of Frasers Group to a “hold” rating in a report on Friday, December 13th.

Frasers Group Stock Down 1.0 %

The stock has a market cap of £2.67 billion, a PE ratio of 7.31, a PEG ratio of 0.30 and a beta of 1.86. The company has a debt-to-equity ratio of 78.73, a current ratio of 2.57 and a quick ratio of 0.64. The company has a 50 day moving average price of GBX 619.80 and a two-hundred day moving average price of GBX 702.02.

Frasers Group Company Profile

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.