Frontier Developments (LON:FDEV) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Frontier Developments plc (LON:FDEV) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 208.78 ($2.71) and traded as high as GBX 220 ($2.86). Frontier Developments shares last traded at GBX 220 ($2.86), with a volume of 89,478 shares trading hands.

Frontier Developments Stock Performance

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 firm has a market cap of £82.98 million, a PE ratio of -3.87, a P/E/G ratio of 2.11 and a beta of 0.03. The company’s 50 day moving average price is GBX 208.50 and its two-hundred day moving average price is GBX 219.52.

Frontier Developments (LON:FDEV) last issued its earnings results on Wednesday, January 15th. The company reported GBX 11.40 ($0.15) earnings per share (EPS) for the quarter. Frontier Developments had a negative net margin of 24.05% and a negative return on equity of 30.43%. As a group, sell-side analysts forecast that Frontier Developments plc will post 7.0917759 EPS for the current year.

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.