Frasers Group (LON:FRAS) Sets New 1-Year Low – Time to Sell?

Frasers Group Plc (LON:FRAS)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 6.51 ($0.08) and last traded at GBX 643 ($8.34), with a volume of 342313 shares trading hands. The stock had previously closed at GBX 653 ($8.47).

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FRAS shares. Shore Capital cut shares of Frasers Group to a “hold” rating in a report on Friday, December 13th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,200 ($15.56) price target on shares of Frasers Group in a research report on Friday, December 6th.

Frasers Group Trading Down 1.0 %

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 company has a market cap of £2.67 billion, a PE ratio of 7.31, a PEG ratio of 0.30 and a beta of 1.86. The stock has a 50 day moving average price of GBX 619.80 and a 200 day moving average price of GBX 702.02.

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.