Frasers Group (LON:FRAS) Stock Price Down 0.4% – Time to Sell?

Frasers Group Plc (LON:FRAS)’s share price fell 0.4% during trading on Wednesday . The stock traded as low as GBX 695.50 and last traded at GBX 711.50. 5,021,716 shares changed hands during trading, an increase of 327% from the average session volume of 1,175,163 shares. The stock had previously closed at GBX 714.50.

Analyst Ratings Changes

Several research firms have commented on FRAS. Shore Capital Group reissued a “hold” rating on shares of Frasers Group in a research report on Monday, February 9th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,100 target price on shares of Frasers Group in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 950.

Frasers Group Trading Down 0.4%

The company has a market capitalization of £3.06 billion, a price-to-earnings ratio of 6.59, a P/E/G ratio of 0.30 and a beta of 1.21. The company has a 50-day moving average price of GBX 664.38 and a 200-day moving average price of GBX 684.22. 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.