Ideas And Forecasts On Frontier Group Holdings Inc (NASDAQ: ULCC)

Frontier Group Holdings Inc (NASDAQ:ULCC) currently has a daily average trading volume of 1.64M but it saw 1357952 shares traded in last market. With a market cap of 882.40M USD, the company’s current market price of $3.94 came falling about -1.01 while comparing to the previous closing price of $3.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.50 and as low as $3.19.

Taking a look at 20-day trading activity of Frontier Group Holdings Inc (ULCC) gives us an average price of $4.08, while its current price level is -58.53% below from 52-week high level whereas it is 23.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.81 while that of 200 days or SMA-200 reads an average of $5.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.89% during that period while stretching the period over a month that decreases to 6.20%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.64 which implies that the stock is in neutral territory.

Over the week, ULCC’s stock price is moving 7.36% up while it is -17.40% when we observe its performance for the past one month. Year-to-date it is -27.84% down and over the past year, the stock is showing a downside performance of -57.63%.

Currently, Frontier Group Holdings Inc’s total number of outstanding shares is 223.00M. Company’s return on investment (ROI) stands at -0.80% and return on equity (ROE) at -5.35%. It has a 4.72 of forward P/E ratio. Stock’s beta reads 2.53. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is -0.53% on average.