Frontier Communications Parent Inc (NASDAQ: FYBR) started the day on Wednesday, with a price increase of 3.79% at $24.64, before settling in for the price of $23.74 at the close. Taking a more long-term approach, FYBR posted a 52-week range of $11.65-$25.89.
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In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was -7.67%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -187.01%. This publicly-traded company’s shares outstanding now amounts to $245.81 million, simultaneously with a float of $177.28 million. The organization now has a market capitalization sitting at $6.06 billion. At the time of writing, stock’s 50-day Moving Average stood at $23.59, while the 200-day Moving Average is $19.77.
Frontier Communications Parent Inc (FYBR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Telecom Services Industry. Frontier Communications Parent Inc’s current insider ownership accounts for 27.88%, in contrast to 84.42% institutional ownership. According to the most recent insider trade that took place on Oct 18 ’23, this organization’s 10% Owner bought 150,000 shares at the rate of 18.93, making the entire transaction reach 2,838,930 in total value, affecting insider ownership by 38,912,895. Preceding that transaction, on Oct 18 ’23, Company’s 10% Owner bought 150,000 for 18.93, making the whole transaction’s value amount to 2,838,930. This particular insider is now the holder of 38,912,895 in total.
Frontier Communications Parent Inc (FYBR) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.07 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.1) by $0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
Frontier Communications Parent Inc’s EPS decrease for this current 12-month fiscal period is -187.01% and is forecasted to reach -0.13 in the upcoming year.
Frontier Communications Parent Inc (NASDAQ: FYBR) Trading Performance Indicators
Let’s observe the current performance indicators for Frontier Communications Parent Inc (FYBR). It’s Quick Ratio in the last reported quarter now stands at 1.22. The Stock has managed to achieve an average true range (ATR) of 0.84. Alongside those numbers, its PE Ratio stands at $211.32, and its Beta score is 1.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.05.
In the same vein, FYBR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.12, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.13 at the market close of one year from today.
Technical Analysis of Frontier Communications Parent Inc (FYBR)
If we take a close look at the recent performances of Frontier Communications Parent Inc (NASDAQ: FYBR), its last 5-days Average volume was 1.19 million that shows plunge from its year to date volume of 1.76 million. During the previous 9 days, stock’s Stochastic %D was recorded 70.58% While, its Average True Range was 0.80.
Raw Stochastic average of Frontier Communications Parent Inc (FYBR) in the period of the previous 100 days is set at 85.08%, which indicates a major rise in contrast to 73.59% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.10% that was lower than 45.98% volatility it exhibited in the past 100-days period.
