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

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

Analysts Set New Price Targets

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

Frasers Group Price Performance

The company has a debt-to-equity ratio of 89.18, a current ratio of 2.18 and a quick ratio of 0.64. The stock has a market cap of £3.97 billion, a price-to-earnings ratio of 787.50, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. The business’s 50-day simple moving average is GBX 839.39 and its two-hundred day simple moving average is 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.