Frontier Developments (FDEV)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

208.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 631.00
  • 52 Week Low: 107.00
  • Currency: UK Pounds
  • Shares Issued: 39.48m
  • Volume: 59,156
  • Market Cap: £82.31m
  • RiskGrade: 195

Announcement of Jurassic World video game tie-in sends Frontier shares roaring ahead

By Iain Gilbert

Date: Monday 21 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Video game studio Frontier Developments announced its third major self-published video game, Jurassic World Evolution was slated for release in June 2018 and would be based on the popular Jurassic World universe.
The release date of the title would coincide with the 25th anniversary of the original film based on Michael Crichton's 1990 science fiction novel, Jurassic Park and the next chapter in the series, Jurassic World: Fallen Kingdom, the direct sequel to 2015's Jurassic World, which holds the fourth best box office performance in history with a worldwide total of $1.67bn collected against a $150m budget.

Johnny Watts, chief executive of Frontier, said, "As long-time fans of the entire Jurassic series we're thrilled to be putting players in charge of their own Jurassic World. We're excited to bring over fifteen years of management, simulation, and creature development expertise to a destination and franchise that remains an inspiration to us."

Harold Evans, an analyst at finnCap, said adding the existing popularity of the brand to the fact that the game would be released in conjunction with the new film property, would create considerable cross-promotional advantages.

"The combination of Jurassic Park's global appeal, the likely level of publicity ahead of Jurassic World: Fallen Kingdom, and Frontier's proven expertise suggest that Frontier's third self-published franchise will be its most successful to date," said Evans.

Frontier chief executive David Braben also noted, "It will be our first self-published title to debut on PC, PlayStation and Xbox simultaneously, and the first to benefit from such a major marketing event as the theatrical release of Jurassic World: Fallen Kingdom."

After rising as much as 26% on the day, shares had dropped back slightly to 843.00, an increase of 15.32% on the day as of 1135 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FDEV Market Data

Currency UK Pounds
Share Price 208.50p
Change Today 2.50p
% Change 1.21 %
52 Week High 631.00
52 Week Low 107.00
Volume 59,156
Shares Issued 39.48m
Market Cap £82.31m
RiskGrade 195

FDEV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.84% below the market average2.84% below the market average2.84% below the market average2.84% below the market average2.84% below the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Price Trend
80.83% below the market average80.83% below the market average80.83% below the market average80.83% below the market average80.83% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Income Not Available
Growth
83.40% above the market average83.40% above the market average83.40% above the market average83.40% above the market average83.40% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

What The Brokers Say

Strong Buy 0
Buy 3
Neutral 6
Sell 1
Strong Sell 0
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FDEV Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 12,967 @ 208.50p
16:35 1 @ 208.50p
16:35 174 @ 208.50p
16:35 120 @ 208.50p
16:35 49 @ 208.50p

FDEV Key Personnel

CEO Jonathan (Jonny) Francis Watts
CFO Alex Bevis

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