FRONTIER DEVELOPMENTS Stock Drops Below 200-Day Moving Average of $900.71
April 5, 2023
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Frontier Developments ($LSE:FDEV) is a British video game developer and publisher based in Cambridge, UK. The company has experienced a decrease in sales and profits as people have less disposable income to purchase games. Additionally, Frontier Developments has also seen a decrease in its physical retail presence, as distribution partners have closed stores across the world. In order for the company to recover and return to its former level of success, it must focus on creating new content that appeals to a wide variety of players and leveraging effective marketing strategies to reach out to potential customers.
Stock Price
On Thursday, FRONTIER DEVELOPMENTS stock opened at £4.7 and closed at £4.6, down by 0.1% from last closing price of 4.6. The recent drop in stock price was due primarily to decreased investor confidence in the company’s ability to deliver on its future targets and meet its financial commitments. This has caused a significant dip in the stock price and could have long-term implications for the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Frontier Developments. More…
| Total Revenues | Net Income | Net Margin |
| 122.03 | 18 | 14.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Frontier Developments. More…
| Operations | Investing | Financing |
| 64.71 | -49.17 | -6.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Frontier Developments. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 173.51 | 46.82 | 3.21 |
Key Ratios Snapshot
Some of the financial key ratios for Frontier Developments are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.9% | 13.8% | 8.0% |
| FCF Margin | ROE | ROA |
| 19.8% | 5.0% | 3.5% |
Analysis
At GoodWhale, we recently conducted an analysis of FRONTIER DEVELOPMENTS‘s wellbeing. Risk Rating has determined that FRONTIER DEVELOPMENTS is a medium risk investment in terms of financial and business aspects. After a thorough investigation, we have identified 3 risk warnings in their income sheet, balance sheet, and cashflow statement. To understand more about these warnings, register with us to get access to our detailed report. More…
Peers
It has a large catalogue of titles and is renowned for its innovative and award-winning games. The company competes with other major developers such as Remedy Entertainment PLC, Fun Yours Technology Co Ltd, and TinyBuild Inc. These companies have established their own unique presence in the gaming industry, providing consumers with a variety of entertainment experiences.
– Remedy Entertainment PLC ($OTCPK:RMDEF)
Remedy Entertainment PLC is a Finnish video game developer and publisher based in Helsinki, Finland. Founded in 1995, the company is best known for developing the Max Payne franchise as well as Alan Wake and Quantum Break. As of 2022, Remedy Entertainment PLC has a market capitalisation of 308.37M and a Return on Equity (ROE) of 10.74%. This market cap represents the total value of the company’s outstanding shares and demonstrates the company’s financial health. The higher the ROE, the more profitable the company is – 10.74% indicates that Remedy Entertainment PLC is doing well financially.
– Fun Yours Technology Co Ltd ($TPEX:6482)
Fun Yours Technology Co Ltd is a multinational technology company that specializes in providing innovative solutions to the consumer market. The company has an impressive market cap of 803.57M as of 2022, making it one of the largest technology companies in the world. Its Return on Equity (ROE) of 15.32% is also quite impressive and shows that the company is a safe investment for investors. The company’s focus on innovation and customer service has allowed it to thrive in the highly competitive technology market.
– TinyBuild Inc ($LSE:TBLD)
TinyBuild Inc is a game development and publishing company based in Seattle, Washington. The company develops and publishes indie titles for PC, consoles and mobile platforms. Since its founding in 2011, TinyBuild has released over 60 titles, including SpeedRunners, Party Hard and Hello Neighbor. As of 2022, TinyBuild Inc has a market capitalization of 228.31M, making it one of the largest independent game publishing companies in the world. Additionally, the company has achieved a Return on Equity (ROE) of 11.68%, indicating that shareholders are receiving an adequate return on their investments.
Summary
Frontier Developments (LON:FDEV) stock recently dropped below its 200-day moving average of $900.71. This is a technical indicator of long-term momentum and often considered a sign of a bear market. Investors should therefore be cautious when considering any investments in this company. It is important to consider other factors, such as recent news, financials, and competitor analysis before making a decision.
Frontier Developments will need to make significant improvements in their operations to improve their stock price in the near-term. Investors should review the company’s financials in detail and weigh the risks of investing accordingly.
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