Frasers Group (LON:FRAS) Stock Price Down 0.3%

Frasers Group Plc (LON:FRAS)’s share price dropped 0.3% during trading on Thursday . The company traded as low as GBX 875 ($11.10) and last traded at GBX 882 ($11.19). Approximately 281,814 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 351,818 shares. The stock had previously closed at GBX 885 ($11.23).

Wall Street Analyst Weigh In

Separately, Numis Securities reiterated a “buy” rating and issued a GBX 1,100 ($13.95) price objective on shares of Frasers Group in a research note on Friday, March 8th.

Frasers Group Stock Down 0.3 %

The firm has a market capitalization of £3.97 billion, a price-to-earnings ratio of 787.50, a P/E/G ratio of 0.30 and a beta of 1.82. The company has a current ratio of 2.18, a quick ratio of 0.64 and a debt-to-equity ratio of 89.18. The firm has a fifty day moving average price of GBX 839.39 and a 200 day moving average price of GBX 832.78.

About Frasers Group

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.