Frasers Group (LON:FRAS) Trading 0.1% Higher – Here’s Why

Shares of Frasers Group Plc (LON:FRASGet Free Report) rose 0.1% on Friday . The company traded as high as GBX 631.50 ($7.98) and last traded at GBX 621.50 ($7.85). Approximately 168,935 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 834,962 shares. The stock had previously closed at GBX 621 ($7.85).

Analysts Set New Price Targets

FRAS has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,200 ($15.16) target price on shares of Frasers Group in a research report on Friday, December 6th. Shore Capital lowered Frasers Group to a “hold” rating in a report on Friday, December 13th.

Check Out Our Latest Stock Analysis on FRAS

Frasers Group Trading Up 0.1 %

The business has a fifty day moving average price of GBX 609.70 and a two-hundred day moving average price of GBX 731.24. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 78.73. The firm has a market capitalization of £2.59 billion, a PE ratio of 7.09, a PEG ratio of 0.30 and a beta of 1.86.

Frasers Group (LON:FRASGet Free Report) last released its quarterly earnings results on Thursday, December 5th. The company reported GBX 51 ($0.64) EPS for the quarter. Frasers Group had a return on equity of 21.74% and a net margin of 6.95%. Analysts expect that Frasers Group Plc will post 87.0607029 EPS for the current fiscal year.

Insider Buying and Selling at Frasers Group

In other Frasers Group news, insider David Daly purchased 3,084 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was bought at an average price of GBX 645 ($8.15) per share, with a total value of £19,891.80 ($25,131.78). 77.18% of the stock is currently owned by corporate insiders.

About Frasers Group

(Get Free Report)

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.

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