Frontier Communications Parent Inc (NASDAQ: FYBR) Recovers 70.85% From 52-Week Low, Is FYBR Still A High-Risk, High-Reward Play?

Frontier Communications Parent Inc (NASDAQ:FYBR) currently has a daily average trading volume of 3.75M but it saw 5578129 shares traded in last market. With a market cap of 8.65B USD, the company’s current market price of $34.75 came rising about 0.23 while comparing to the previous closing price of $34.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.21 and as low as $20.34. In the recent trading on the day, stock has struck highest price mark of $34.645 while lowest mark touched by it was $34.9.

Taking a look at 20-day trading activity of Frontier Communications Parent Inc (FYBR) gives us an average price of $35.36, while its current price level is -11.37% below from 52-week high level whereas it is 70.85% 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 $35.49 while that of 200 days or SMA-200 reads an average of $28.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.78% during that period while stretching the period over a month that decreases to 1.30%. 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 45.22 which implies that the stock is in neutral territory.

Over the week, FYBR’s stock price is moving -0.23% down while it is -3.36% when we observe its performance for the past one month. Year-to-date it is 37.13% up and over the past year, the stock is showing an upside performance of 67.55%.

Currently, Frontier Communications Parent Inc’s total number of outstanding shares is 245.81M. Company’s return on investment (ROI) stands at -1.13% and return on equity (ROE) at -3.63%. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is -0.90% on average.