Frontier Smart Technologies Group Limited (LON:FST)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 161 ($2.17) and last traded at GBX 156.48 ($2.11), with a volume of 77311 shares trading hands. The stock had previously closed at GBX 146 ($1.97).

Separately, Peel Hunt restated a “buy” rating and set a GBX 120 ($1.62) target price on shares of Frontier Smart Technologies Group in a report on Monday, September 4th.

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About Frontier Smart Technologies Group

Frontier Smart Technologies Group Limited, formerly Toumaz Limited, is engaged in offering software and hardware technologies for Digital Audio devices. The Company through its division, Frontier Silicon, provides solutions for Digital Radio and Smart Audio devices. The Company is engaged in providing chips, modules and software for consumer audio devices.

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