A new trading day began on Friday, with Frontier Communications Parent Inc (NASDAQ: FYBR) stock price down -0.11% from the previous day of trading, before settling in for the closing price of $35.80. FYBR’s price has ranged from $20.51 to $39.21 over the past 52 weeks.
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A company in the Communication Services sector has dropped its sales by -8.12% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -927.13%. With a float of $204.42 million, this company’s outstanding shares have now reached $249.01 million.
In an organization with 13300 employees, it is important to assess its efficiency. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Frontier Communications Parent Inc is 17.85%, while institutional ownership is 72.50%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -927.13% per share during the next fiscal year.
Frontier Communications Parent Inc (NASDAQ: FYBR) Trading Performance Indicators
Here are Frontier Communications Parent Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52.
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 -0.78 in one year’s time.
Technical Analysis of Frontier Communications Parent Inc (FYBR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.89 million. That was inferior than the volume of 2.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.89%. Additionally, its Average True Range was 0.16.
During the past 100 days, Frontier Communications Parent Inc’s (FYBR) raw stochastic average was set at 71.38%, which indicates a significant decrease from 82.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.67% in the past 14 days, which was lower than the 9.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.03, while its 200-day Moving Average is $30.93. However, in the short run, Frontier Communications Parent Inc’s stock first resistance to watch stands at $35.83. Second resistance stands at $35.89. The third major resistance level sits at $35.93. If the price goes on to break the first support level at $35.72, it is likely to go to the next support level at $35.68. The third support level lies at $35.62 if the price breaches the second support level.
Frontier Communications Parent Inc (NASDAQ: FYBR) Key Stats
With a market capitalization of 8.90 billion, the company has a total of 249,015K Shares Outstanding. Currently, annual sales are 5,751 M while annual income is 29,000 K. The company’s previous quarter sales were 1,489 M while its latest quarter income was -82,000 K.