Frontier Developments (OTC:FRRDF) Shares Down 18.5% – Should You Sell?

Frontier Developments plc (OTC:FRRDFGet Free Report)’s stock price was down 18.5% on Thursday . The company traded as low as $5.60 and last traded at $5.60. Approximately 400 shares changed hands during trading, a decline of 78% from the average daily volume of 1,800 shares. The stock had previously closed at $6.87.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments from a “hold” rating to a “buy” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Frontier Developments has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on Frontier Developments

Frontier Developments Price Performance

The stock’s fifty day simple moving average is $7.23 and its 200 day simple moving average is $6.25.

Frontier Developments Company Profile

(Get Free Report)

Frontier Developments Plc engages in the development of videogames. The company was founded by David John Braben on January 28, 1994 and is headquartered in Cambridge, the United Kingdom.

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