Investors Are Waking Up To Frontier Communications Parent Inc (NASDAQ: FYBR) After Rising 34.90% Over The Past 12 Months

Frontier Communications Parent Inc (NASDAQ:FYBR) currently has a daily average trading volume of 3.02M but it saw 1950544 shares traded in last market. With a market cap of 8.67B USD, the company’s current market price of $34.83 came rising about 0.37 while comparing to the previous closing price of $34.70. 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 $34.71 while lowest mark touched by it was $34.85.

Taking a look at 20-day trading activity of Frontier Communications Parent Inc (FYBR) gives us an average price of $34.69, while its current price level is -11.17% below from 52-week high level whereas it is 69.82% 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 $34.94 while that of 200 days or SMA-200 reads an average of $29.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.44% during that period while stretching the period over a month that increases to 0.50%. 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 52.98 which implies that the stock is in neutral territory.

Over the week, FYBR’s stock price is moving 0.17% up while it is 0.32% when we observe its performance for the past one month. Year-to-date it is 0.37% up and over the past year, the stock is showing an upside performance of 34.90%.

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 1.05. 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.