Frontier Communications Parent Inc (NASDAQ: FYBR) Now $20.51 Higher From Its Low (13.98), Does It Still Have A Growth Story?

Frontier Communications Parent Inc (NASDAQ:FYBR) currently has a daily average trading volume of 4.06M but it saw 1715983 shares traded in last market. With a market cap of 8.59B USD, the company’s current market price of $34.49 came rising about 0.06 while comparing to the previous closing price of $34.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.21 and as low as $20.51. In the recent trading on the day, stock has struck highest price mark of $34.4 while lowest mark touched by it was $34.56.

Taking a look at 20-day trading activity of Frontier Communications Parent Inc (FYBR) gives us an average price of $34.71, while its current price level is -12.04% below from 52-week high level whereas it is 68.16% 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 $35.25 while that of 200 days or SMA-200 reads an average of $28.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.53% during that period while stretching the period over a month that increases to 0.92%. 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 40.47 which implies that the stock is in neutral territory.

Over the week, FYBR’s stock price is moving -1.00% down while it is -2.60% when we observe its performance for the past one month. Year-to-date it is 36.11% up and over the past year, the stock is showing an upside performance of 45.84%.

Currently, Frontier Communications Parent Inc’s total number of outstanding shares is 249.01M. Company’s return on investment (ROI) stands at -1.13% and return on equity (ROE) at -3.63%. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 1.47. Its return on asset (ROA) is -0.90% on average.