Frontier Developments (LON:FDEV) Announces Quarterly Earnings Results

Frontier Developments (LON:FDEV) announced its quarterly earnings data on Wednesday, February 6th. The company reported GBX 40.20 ($0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Frontier Developments stock traded up GBX 14 ($0.18) during mid-day trading on Friday, hitting GBX 914 ($11.94). 63,655 shares of the stock were exchanged, compared to its average volume of 59,600. Frontier Developments has a 12 month low of GBX 288 ($3.76) and a 12 month high of GBX 1,540 ($20.12).

FDEV has been the topic of a number of research analyst reports. FinnCap restated a “corporate” rating on shares of Frontier Developments in a research note on Wednesday, February 6th. Liberum Capital reiterated a “buy” rating on shares of Frontier Developments in a report on Wednesday, November 21st. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,600 ($20.91) price objective on shares of Frontier Developments in a report on Thursday, January 3rd. Finally, Peel Hunt reiterated a “buy” rating on shares of Frontier Developments in a report on Friday, November 30th. Five investment analysts have rated the stock with a buy rating, Frontier Developments has an average rating of “Buy” and an average target price of GBX 1,531 ($20.01).

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About Frontier Developments

Frontier Developments plc develops and publishes video games for the interactive entertainment sector in the United Kingdom and internationally. It develops games across various platforms using its cross platform technology. The company was founded in 1994 and is based in Cambridge, the United Kingdom.

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