Drilling Down Into Frontier Communications Corporation (FTR)

Frontier Communications Corporation (FTR) is an interesting player in the Technology space, with a focus on Telecom Services – Domestic. The stock has been active on the tape, currently trading at $7.77, up from yesterday’s close by 5.28%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Frontier Communications Corporation (FTR) currently trades with a market capitalization of $621.83 Million. That value represents a market adjusting for revenues that have been falling by -6.66 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $632 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.81 on a per share basis this quarter. Perhaps, that suggests something about why 12.86% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how FTR has been acting. Looking at the stock’s movement on the chart, Frontier Communications Corporation recorded a 52-week high of $21.00. It is now trading 13.23% off that level. The stock is trading $8.53 its 50-day moving average by 0.76%. The stock carved out a 52-week low down at $6.08.

In recent action, Frontier Communications Corporation (FTR) has made a move of -15.91% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.33% with $78.10 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of FTR.

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