Frontier Communications Parent Inc (NASDAQ: FYBR) – Time For Strategy Change?

Frontier Communications Parent Inc (NASDAQ:FYBR) currently has a daily average trading volume of 3.42M but it saw 1559768 shares traded in last market. With a market cap of 8.90B USD, the company’s current market price of $35.73 came falling about -0.56 while comparing to the previous closing price of $35.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.21 and as low as $16.30. In the recent trading on the day, stock has struck highest price mark of $35.73 while lowest mark touched by it was $36.03.

Taking a look at 20-day trading activity of Frontier Communications Parent Inc (FYBR) gives us an average price of $35.64, while its current price level is -8.88% below from 52-week high level whereas it is 119.20% 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 $34.56 while that of 200 days or SMA-200 reads an average of $27.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.80% during that period while stretching the period over a month that decreases to 0.76%. 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 56.25 which implies that the stock is in neutral territory.

Over the week, FYBR’s stock price is moving -1.16% down while it is 0.79% when we observe its performance for the past one month. Year-to-date it is 41.00% up and over the past year, the stock is showing an upside performance of 99.39%.

Currently, Frontier Communications Parent Inc’s total number of outstanding shares is 245.81M. Company’s return on investment (ROI) stands at -0.57% and return on equity (ROE) at -1.82%. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 1.73 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is -0.48% on average.