Shares of Frontier Smart Technologies Group Ltd (LON:FST) shot up 12.3% during trading on Wednesday . The company traded as high as GBX 36.49 ($0.48) and last traded at GBX 36.49 ($0.48). 123,109 shares traded hands during mid-day trading, an increase of 81% from the average session volume of 67,980 shares. The stock had previously closed at GBX 32.50 ($0.42).
Separately, Peel Hunt reaffirmed a “reduce” rating on shares of Frontier Smart Technologies Group in a research note on Monday, October 1st.
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Frontier Smart Technologies Group Limited, a technology company, engages in the commercial exploitation of wireless technologies and systems in the radio and smart audio sectors in the United States, North America, Europe, and Asia. It also offers chips, modules, and software for consumer audio devices.
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