Investors Are Waking Up To Frontier Group Holdings Inc (NASDAQ: ULCC) After Losing -59.13% Over The Past 12 Months

Frontier Group Holdings Inc (NASDAQ:ULCC) currently has a daily average trading volume of 1.64M but it saw 2788422 shares traded in last market. With a market cap of 712.19M USD, the company’s current market price of $3.18 came rising about 2.91 while comparing to the previous closing price of $3.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.33 and as low as $3.05. In the recent trading on the day, stock has struck highest price mark of $2.97 while lowest mark touched by it was $3.2.

Taking a look at 20-day trading activity of Frontier Group Holdings Inc (ULCC) gives us an average price of $3.74, while its current price level is -61.82% below from 52-week high level whereas it is 4.26% 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 $4.52 while that of 200 days or SMA-200 reads an average of $5.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.57% during that period while stretching the period over a month that decreases to 7.25%. 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 29.26 which implies that the stock is in oversold territory.

Over the week, ULCC’s stock price is moving -14.97% down while it is -23.74% when we observe its performance for the past one month. Year-to-date it is -41.76% down and over the past year, the stock is showing a downside performance of -59.13%.

Currently, Frontier Group Holdings Inc’s total number of outstanding shares is 223.00M. Company’s return on investment (ROI) stands at -1.97% and return on equity (ROE) at -5.35%. It has a 4.13 of forward P/E ratio. Stock’s beta reads 2.53. Stock has a price to book (P/B) ratio of 1.47 while price to sale or P/S ratio amounts to 0.20. Its return on asset (ROA) is -0.53% on average.