Frasers Group (LON:FRAS) Reaches New 52-Week Low – Should You Sell?

Frasers Group Plc (LON:FRAS) reached a new 52-week low on Thursday . The company traded as low as GBX 571 ($6.97) and last traded at GBX 571 ($6.97), with a volume of 350377 shares trading hands. The stock had previously closed at GBX 589.50 ($7.20).

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on FRAS shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,200 ($14.65) price objective on shares of Frasers Group in a report on Friday, December 6th. Shore Capital lowered Frasers Group to a “hold” rating in a research note on Friday, December 13th.

Frasers Group Price Performance

The firm’s 50 day simple moving average is GBX 675.26 and its two-hundred day simple moving average is GBX 785.58. 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 firm has a market capitalization of £2.62 billion, a P/E ratio of 645.56, a P/E/G ratio of 0.30 and a beta of 1.86.

Frasers Group (LON:FRAS) last released its quarterly earnings data on Thursday, December 5th. The company reported GBX 51 ($0.62) EPS for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. As a group, analysts predict that Frasers Group Plc will post 87.0607029 earnings per share for the current year.

Insider Activity

In other news, insider David Daly purchased 3,084 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average cost of GBX 645 ($7.88) per share, for a total transaction of £19,891.80 ($24,287.91). Insiders own 77.18% of the company’s stock.

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.