Frontier Communications Corporation s in-depth stock price analysis indicates that the stock price has dropped -3.22% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -28.2% . Looking at the past 52 week period, the stock price is down -21.93% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Frontier Communications Corporation has a negative value of -39.54 compared to overall market performance. Frontier Communications Corporation (NASDAQ:FTR) has tumbled 3.22% during the past week and has dropped 6.5% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4%. Frontier Communications Corporation (NASDAQ:FTR) has underperformed the index by 8.17% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Frontier Communications Corporation (NASDAQ:FTR) : On Friday heightened volatility was witnessed in Frontier Communications Corporation (NASDAQ:FTR) which led to swings in the share price. The stock opened for trading at $3.28 and hit $3.32 on the upside , eventually ending the session at $3.31, with a gain of 0.91% or 0.03 points. The heightened volatility saw the trading volume jump to 24,502,162 shares. The 52-week high of the share price is $5.85 and the company has a market cap of $3,883 million. The 52-week low of the share price is at $3.1 .
Frontier Communications Corp Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.04 EPS for the quarter. Analyst had a consensus estimate of $-0.04. The company had revenue of $2524.00 million for the quarter, compared to analysts expectations of $2572.88 million. The companys revenue was up 77.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.
Company has reported several Insider transactions to the SEC, on Nov 12, 2015, Kathleen Weslock (EVP, Chief People Officer) purchased 12,370 shares at 4.81 per share price.On Nov 12, 2015, Steve Gable (EVP, Chief Technology Officer) purchased 53,416 shares at 4.75 per share price.On Nov 12, 2015, Kathleen Q Abernathy (EVP, External Affairs) purchased 46,391 shares at 4.85 per share price.
Frontier Communications Corporation operates as a communications company providing services primarily to rural areas and small and medium-sized towns and cities in the United States. The Company offers a variety of voice, data, Internet, and television services and products. It also provides local and long distance voice services, enhanced services, long distance network services and packages of communications services. Frontier Communications Corporation is based in Stamford, Connecticut.