Frasers Group (LON:FRAS) Hits New 52-Week Low – Time to Sell?

Frasers Group Plc (LON:FRAS) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 603.50 ($7.57) and last traded at GBX 605.50 ($7.59), with a volume of 1308169 shares changing hands. The stock had previously closed at GBX 626.55 ($7.85).

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FRAS. Shore Capital downgraded shares of Frasers Group to a “hold” rating in a research report on Friday, December 13th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,200 ($15.04) price objective on shares of Frasers Group in a report on Friday, December 6th.

Frasers Group Trading Up 1.7 %

The business’s 50 day simple moving average is GBX 727.84 and its 200 day simple moving average is GBX 810.15. The stock has a market cap of £2.77 billion, a price-to-earnings ratio of 683.89, a PEG ratio of 0.30 and a beta of 1.86. The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 77.55.

Frasers Group (LON:FRAS) last released its quarterly earnings data on Thursday, December 5th. The company reported GBX 51 ($0.64) earnings per share (EPS) for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. On average, research analysts expect that Frasers Group Plc will post 87.0607029 EPS for the current fiscal year.

Insider Activity

In other news, insider David Daly bought 3,084 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of GBX 645 ($8.09) per share, for a total transaction of £19,891.80 ($24,936.44). Insiders own 77.18% of the company’s stock.

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.