Frontier Communications Parent Inc (NASDAQ: FYBR) on Friday, plunged -0.03% from the previous trading day, before settling in for the closing price of $34.66. Within the past 52 weeks, FYBR’s price has moved between $20.51 and $39.21.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -7.67%. The company achieved an average annual earnings per share of -911.51%. With a float of $193.85 million, this company’s outstanding shares have now reached $249.01 million.
Let’s determine the extent of company efficiency that accounts for 13300 employees. In terms of profitability, gross margin is 37.37%, operating margin of 8.08%, and the pretax margin is -1.94%.
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 22.15%, while institutional ownership is 72.25%. The most recent insider transaction that took place on Dec 10 ’24, was worth 395,255,000. In this transaction 10% Owner of this company sold 11,500,000 shares at a rate of $34.37, taking the stock ownership to the 23,922,768 shares. Before that another transaction happened on Dec 10 ’24, when Company’s 10% Owner sold 11,500,000 for $34.37, making the entire transaction worth $395,255,000. This insider now owns 23,922,768 shares in total.
Frontier Communications Parent Inc (FYBR) Earnings and Forecasts
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 -911.51% 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 1.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.67 in one year’s time.
Technical Analysis of Frontier Communications Parent Inc (FYBR)
Looking closely at Frontier Communications Parent Inc (NASDAQ: FYBR), its last 5-days average volume was 3.12 million, which is a jump from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 59.93%. Additionally, its Average True Range was 0.26.
During the past 100 days, Frontier Communications Parent Inc’s (FYBR) raw stochastic average was set at 69.15%, which indicates a significant increase from 45.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.74% in the past 14 days, which was lower than the 58.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.12, while its 200-day Moving Average is $29.17. However, in the short run, Frontier Communications Parent Inc’s stock first resistance to watch stands at $34.73. Second resistance stands at $34.81. The third major resistance level sits at $34.86. If the price goes on to break the first support level at $34.60, it is likely to go to the next support level at $34.55. Should the price break the second support level, the third support level stands at $34.47.
Frontier Communications Parent Inc (NASDAQ: FYBR) Key Stats
Market capitalization of the company is 8.63 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.
