Frontier Developments (FDEV)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

214.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 309.00p
  • 52 Week Low: 107.00p
  • Currency: UK Pounds
  • Shares Issued: 39.48m
  • Volume: 70,915
  • Market Cap: £84.68m
  • RiskGrade: 195
  • Beta: 1.34

Frontier Developments says sales of Jurassic World Evolution 2 on PC lower than projected

By Iain Gilbert

Date: Monday 22 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Videogames publisher Frontier Developments warned on Monday that sales of its Jurassic World Evolution 2 title on the PC platform had been lower than originally projected since its release earlier in the month.
Frontier believes this to potentially be a short-term effect from "a more crowded release window than expected", with a number of other highly anticipated titles launching in the same window.

The AIM-listed group also noted that the title's release on PlayStation and Xbox consoles went ahead "smoothly" and added that console sales numbers were "largely as expected".

Frontier insisted that it believes the initial PC sales were "primarily a phasing issue" and that it expects "further significant sales" around Christmas.

Sales in the first 12 months were also expected to benefit from the launch of the Jurassic World Dominion film in June 2022.

Chief executive David Braben said: "Whilst initial sales on PC have been lower than we targeted, the game is already being enjoyed by around half a million players across all platforms, and showing very strong critical and player reviews. We are confident that it's another terrific addition to our great portfolio of games. Frontier's future looks strong and our portfolio continues to grow."

As of 0920 GMT, Frontier Developments shares had slumped 30.19% to 1,741.80p.

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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 214.50p
Change Today -1.00p
% Change -0.46 %
52 Week High 309.00p
52 Week Low 107.00p
Volume 70,915
Shares Issued 39.48m
Market Cap £84.68m
Beta 1.34
RiskGrade 195

FDEV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.67% below the market average28.67% below the market average28.67% below the market average28.67% below the market average28.67% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
58.43% below the market average58.43% below the market average58.43% below the market average58.43% below the market average58.43% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income Not Available
Growth
25.53% above the market average25.53% above the market average25.53% above the market average25.53% above the market average25.53% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 5
Sell 0
Strong Sell 0
Total 9
buy
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 21-Nov-2024

Time Volume / Share Price
16:35 5,597 @ 214.50p
16:35 1 @ 214.50p
16:35 307 @ 214.50p
16:35 567 @ 214.50p
16:35 95 @ 214.50p

FDEV Key Personnel

CEO Jonathan (Jonny) Francis Watts
CFO Alex Bevis

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