Frontier Digital (ASX:FDV) Shares Down 1.9%

Frontier Digital Limited (ASX:FDV) was down 1.9% on Wednesday . The company traded as low as A$0.79 ($0.56) and last traded at A$0.79 ($0.56), approximately 237,023 shares traded hands during trading. The stock had previously closed at A$0.80 ($0.57).

The firm’s 50 day moving average price is A$0.77. The company has a quick ratio of 5.00, a current ratio of 5.29 and a debt-to-equity ratio of 1.26. The company has a market cap of $195.16 million and a price-to-earnings ratio of -22.08.

About Frontier Digital (ASX:FDV)

Frontier Digital Ventures Limited is a private equity firm specializing in investing in and developing online classifieds business in emerging markets. The firm prefers to invest in property and automotive verticals and general classifieds/marketplace websites. Frontier Digital Ventures Limited was founded in 2014 and is based in Kuala Lumpur, Malaysia with an additional office in Melbourne, Australia.

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