Frontier Communications Parent Inc (NASDAQ:FYBR) currently has a daily average trading volume of 3.02M but it saw 1555893 shares traded in last market. With a market cap of 8.91B USD, the company’s current market price of $35.80 remained unchanged while comparing to the previous closing price of $35.80. 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 $35.775 while lowest mark touched by it was $35.91.
Taking a look at 20-day trading activity of Frontier Communications Parent Inc (FYBR) gives us an average price of $35.45, while its current price level is -8.70% below from 52-week high level whereas it is 74.55% 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 $35.01 while that of 200 days or SMA-200 reads an average of $30.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.31% during that period while stretching the period over a month that increases to 0.43%. 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 71.33 which implies that the stock is in overbought territory.
Over the week, FYBR’s stock price is moving 0.03% up while it is 3.35% when we observe its performance for the past one month. Year-to-date it is 3.17% up and over the past year, the stock is showing an upside performance of 41.28%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.16 while estimate for next year EPS is -1.01. In next quarter, company is expected to be making quarterly sales of $1.49B as analysts are expecting the sales for current fiscal year at $5.9B and seeing the company making $6B in sales next year. Moreover, analysts are in estimates of $1.47B for current-quarter revenue.
Currently, Frontier Communications Parent Inc’s total number of outstanding shares is 249.01M with 1.39% of that held by the insiders while 89.68% of its common stock has been owned by the institutions. 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 1.76 while price to sale or P/S ratio amounts to 1.52. Its return on asset (ROA) is -0.90% on average.
