Frontier Group Holdings Inc (ULCC) latest performance of 2.02% is not what was on cards

Witnessing the stock’s movement on the chart, on Thursday, Frontier Group Holdings Inc (NASDAQ: ULCC) set off with pace as it heaved 2.02% to $7.08, before settling in for the price of $6.94 at the close. Taking a more long-term approach, ULCC posted a 52-week range of $3.19-$10.57.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 20.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 220.89%. This publicly-traded company’s shares outstanding now amounts to $223.00 million, simultaneously with a float of $152.60 million. The organization now has a market capitalization sitting at $1.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $7.19, while the 200-day Moving Average is $6.23.

Frontier Group Holdings Inc (ULCC) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Airlines industry. Frontier Group Holdings Inc’s current insider ownership accounts for 31.68%, in contrast to 34.11% institutional ownership. According to the most recent insider trade that took place on Mar 06 ’24, this organization’s CEO sold 15,000 shares at the rate of 8.21, making the entire transaction reach 123,150 in total value, affecting insider ownership by 48,949. Preceding that transaction, on Mar 05 ’24, Company’s CEO sold 151,620 for 7.72, making the whole transaction’s value amount to 1,170,506. This particular insider is now the holder of 772,981 in total.

Frontier Group Holdings Inc (ULCC) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.23) by $0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

Frontier Group Holdings Inc’s EPS increase for this current 12-month fiscal period is 220.89% and is forecasted to reach 0.85 in the upcoming year.

Frontier Group Holdings Inc (NASDAQ: ULCC) Trading Performance Indicators

Let’s observe the current performance indicators for Frontier Group Holdings Inc (ULCC). It’s Quick Ratio in the last reported quarter now stands at 0.48. The Stock has managed to achieve an average true range (ATR) of 0.44. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.44.

In the same vein, ULCC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.06, a figure that is expected to reach -0.18 in the next quarter, and analysts are predicting that it will be 0.85 at the market close of one year from today.

Technical Analysis of Frontier Group Holdings Inc (ULCC)

Going through the that latest performance of [Frontier Group Holdings Inc, ULCC]. Its last 5-days volume of 1.3 million was inferior to the volume of 2.44 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 17.41% While, its Average True Range was 0.43.

Raw Stochastic average of Frontier Group Holdings Inc (ULCC) in the period of the previous 100 days is set at 72.77%, which indicates a major rise in contrast to 22.44% 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 80.64% that was lower than 80.81% volatility it exhibited in the past 100-days period.