A new trading day began on Monday, with Frontier Group Holdings Inc (NASDAQ: ULCC) stock price down -4.52% from the previous day of trading, before settling in for the closing price of $5.97. ULCC’s price has ranged from $2.79 to $8.33 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Industrials Sector giant was 20.07%. Meanwhile, its annual earnings per share averaged -65.27%. With a float of $80.06 million, this company’s outstanding shares have now reached $223.00 million.
Let’s determine the extent of company efficiency that accounts for 7235 employees. In terms of profitability, gross margin is 8.02%, operating margin of -1.66%, and the pretax margin is 1.12%.
Frontier Group Holdings Inc (ULCC) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of Frontier Group Holdings Inc is 64.48%, while institutional ownership is 36.51%. The most recent insider transaction that took place on Oct 04 ’24, was worth 60,000. In this transaction SVP, Human Resources of this company sold 10,000 shares at a rate of $6.00, taking the stock ownership to the 34,035 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Officer proposed sale 10,000 for $6.00, making the entire transaction worth $60,000.
Frontier Group Holdings Inc (ULCC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -65.27% per share during the next fiscal year.
Frontier Group Holdings Inc (NASDAQ: ULCC) Trading Performance Indicators
Here are Frontier Group Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Frontier Group Holdings Inc (ULCC)
Looking closely at Frontier Group Holdings Inc (NASDAQ: ULCC), its last 5-days average volume was 2.88 million, which is a jump from its year-to-date volume of 2.1 million. As of the previous 9 days, the stock’s Stochastic %D was 15.64%. Additionally, its Average True Range was 0.40.
During the past 100 days, Frontier Group Holdings Inc’s (ULCC) raw stochastic average was set at 64.31%, which indicates a significant increase from 4.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.99% in the past 14 days, which was higher than the 72.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.14, while its 200-day Moving Average is $5.56. However, in the short run, Frontier Group Holdings Inc’s stock first resistance to watch stands at $5.90. Second resistance stands at $6.11. The third major resistance level sits at $6.25. If the price goes on to break the first support level at $5.56, it is likely to go to the next support level at $5.42. Should the price break the second support level, the third support level stands at $5.21.
Frontier Group Holdings Inc (NASDAQ: ULCC) Key Stats
With a market capitalization of 1.26 billion, the company has a total of 225,372K Shares Outstanding. Currently, annual sales are 3,589 M while annual income is -11,000 K. The company’s previous quarter sales were 973,000 K while its latest quarter income was 31,000 K.
