Frontier Communications Parent Inc (NASDAQ: FYBR): Do Not Miss The Gain Train

Frontier Communications Parent Inc (FYBR) concluded trading on Wednesday at a closing price of $34.66, with 4.66 million shares of worth about $161.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 39.14% during that period and on December 18, 2024 the price saw a loss of about -0.49%. Currently the company’s common shares owned by public are about 249.01M shares, out of which, 205.33M shares are available for trading.

Stock saw a price change of 0.06% in past 5 days and over the past one month there was a price change of -0.77%. Year-to-date (YTD), FYBR shares are showing a performance of 36.78% which increased to 43.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.51 but also hit the highest price of $39.21 during that period. The average intraday trading volume for Frontier Communications Parent Inc shares is 3.12 million. The stock is currently trading -0.11% below its 20-day simple moving average (SMA20), while that difference is down -1.21% for SMA50 and it goes to 18.15% higher than SMA200.

Frontier Communications Parent Inc (NASDAQ: FYBR) currently have 249.01M outstanding shares and institutions hold larger chunk of about 72.25% of that.

The stock has a current market capitalization of $8.63B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$0.75 in the same period. It has Quick Ratio of 0.77 while making debt-to-equity ratio of 2.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FYBR, volatility over the week remained 0.50% while standing at 0.52% over the month.

Stock’s fiscal year EPS is expected to drop by -927.13% while it is estimated to increase by 31.49% in next year.

Stock get a Neutral rating from JP Morgan on September 17, 2024.

Most Popular

Related Posts