Frontier Communications Parent Inc (NASDAQ: FYBR) on Tuesday, plunged -0.52% from the previous trading day, before settling in for the closing price of $34.93. Within the past 52 weeks, FYBR’s price has moved between $20.42 and $39.21.
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
Communication Services Sector giant saw their annual sales slid by -7.67% over the last five years. The company achieved an average annual earnings per share of -896.51%. With a float of $187.21 million, this company’s outstanding shares have now reached $245.81 million.
The firm has a total of 13300 workers. Let’s measure their productivity. In terms of profitability, gross margin is 16.31%, operating margin of 10.8%, and the pretax margin is -2.59%.
Frontier Communications Parent Inc (FYBR) Insider Activity
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Frontier Communications Parent Inc is 24.82%, while institutional ownership is 72.23%. The most recent insider transaction that took place on Nov 19 ’24, was worth 27,397. Before that another transaction happened on Nov 19 ’24, when Company’s 10% Owner proposed sale 184 for $34.81, making the entire transaction worth $6,405.
Frontier Communications Parent Inc (FYBR) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at -0.1) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -896.51% per share during the next fiscal year.
Frontier Communications Parent Inc (NASDAQ: FYBR) Trading Performance Indicators
Frontier Communications Parent Inc (FYBR) is currently performing well based on its current performance indicators. A quick ratio of 0.77 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.67 in one year’s time.
Technical Analysis of Frontier Communications Parent Inc (FYBR)
Analysing the last 5-days average volume posted by the [Frontier Communications Parent Inc, FYBR], we can find that recorded value of 5.77 million was better than the volume posted last year of 2.25 million. As of the previous 9 days, the stock’s Stochastic %D was 69.15%. Additionally, its Average True Range was 0.46.
During the past 100 days, Frontier Communications Parent Inc’s (FYBR) raw stochastic average was set at 69.82%, which indicates a significant increase from 40.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.32% in the past 14 days, which was lower than the 59.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.45, while its 200-day Moving Average is $28.16. Now, the first resistance to watch is $34.86. This is followed by the second major resistance level at $34.96. The third major resistance level sits at $35.02. If the price goes on to break the first support level at $34.69, it is likely to go to the next support level at $34.63. Should the price break the second support level, the third support level stands at $34.53.
Frontier Communications Parent Inc (NASDAQ: FYBR) Key Stats
Market capitalization of the company is 8.65 billion based on 249,015K outstanding shares. Right now, sales total 5,751 M and income totals 29,000 K. The company made 1,489 M in profit during its latest quarter, and -82,000 K in sales during its previous quarter.
