Frasers Group (LON:FRAS) Trading Down 1.3% – Should You Sell?

Frasers Group Plc (LON:FRAS) shares dropped 1.3% on Monday . The company traded as low as GBX 659.50 and last traded at GBX 663.50. Approximately 110,911 shares were traded during trading, a decline of 91% from the average daily volume of 1,241,000 shares. The stock had previously closed at GBX 672.50.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “hold” rating on shares of Frasers Group in a report on Monday, February 9th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 950.

Frasers Group Stock Performance

The company has a market capitalization of £2.85 billion, a P/E ratio of 6.13, a PEG ratio of 0.30 and a beta of 1.26. The stock has a fifty day simple moving average of GBX 677.33 and a 200-day simple moving average of GBX 693.50. The company has a quick ratio of 0.64, a current ratio of 2.08 and a debt-to-equity ratio of 98.60.

Frasers Group Company Profile

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. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.