Frasers Group (LON:FRAS) Hits New 52-Week Low – What’s Next?

Frasers Group Plc (LON:FRAS) shares reached a new 52-week low on Wednesday . The company traded as low as GBX 751.50 ($9.78) and last traded at GBX 752 ($9.79), with a volume of 291966 shares. The stock had previously closed at GBX 775 ($10.09).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Frasers Group in a research report on Thursday, July 18th.

Frasers Group Trading Down 2.6 %

The business has a fifty day moving average price of GBX 823.28 and a 200 day moving average price of GBX 840.63. The company has a debt-to-equity ratio of 77.55, a current ratio of 2.57 and a quick ratio of 0.64. The company has a market capitalization of £3.40 billion, a price-to-earnings ratio of 838.33, a price-to-earnings-growth ratio of 0.30 and a beta of 1.86.

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.