Published: Thu, April 20, 2017
Economy | By Melissa Porter

Active Volume Stock: Frontier Communications Corporation (FTR)

Active Volume Stock: Frontier Communications Corporation (FTR)

Frontier Communications Corporation (FTR), a part of Technology sector and belongs to Telecom Services - Domestic industry; ended its day with gain 1.55% and finalized at the price of $1.97.

The stock's price switched up -9.35% 20-Days Simple Moving Average, dropped -26.18% from 50-Days Simple Moving Average and fell -45.11% from 200 Days Simple Moving Average.

The analysts wrote, "We think both are important to instill confidence in investors on the sustainability of the model".

Want to see what other hedge funds are holding FTR?

Frontier Communications Corporation (FTR) now has a consensus Price Target of $3.18. Finally, JPMorgan Chase & Co. lowered Frontier Communications Corp from an overweight rating to a neutral rating and decreased their target price for the stock from $2.96 to $2.51 in a research report on Tuesday, February 28th. The analysts noted that the move was a valuation call. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

Presently Frontier Communications Corporation (NASDAQ:FTR) stock have an ABR of 2.36. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock.

Heading into the stock price potential, GoPro, far traveled -4.4% after crossing its median price target of $8.25.

11/07/2016 - Frontier Communications Corporation had its "buy" rating reiterated by analysts at Gabelli. Over the 52-week time span, the stock notched a high price of $5.75 and its minimum price was $1.92. The Market Capitalization of the company stands at 2.33 Billion.

In the last Quarter, Frontier Communications Corporation (FTR) reported its Actual EPS of $-0.04/share.

The company's expected revenue in the current quarter to be 2.35 Billion, seeing a projected current quarter growth of -600%, and per annum growth estimates over the next 5 year period of around 7.3%.

The company shows its Return on Assets (ROA) value of -2.1%. Frontier Communications Corp (NASDAQ:FTR) has declined 58.19% since September 12, 2016 and is downtrending. The firm's revenue for the quarter was up 70.5% compared to the same quarter previous year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. FTR's value Change from Open was at 0.00% with a Gap of 1.55%. The ex-dividend date of this dividend was Monday, March 13th. Frontier Communications Corp's dividend payout ratio is now -77.78%. Premium entertainment network, EPIX reported that it has renewed its distribution contract with Frontier Communications Corporation (FTR), a leader in providing communications services to urban, suburban, and rural communities in 29 states. If you are viewing this story on another site, it was stolen and reposted in violation of United States & global copyright and trademark legislation. (Liquidity) Value. Frontier Communications Corporation has a present Q.i. value of 23.00000. Municipal Employees Retirement System of MI boosted its stake in Frontier Communications Corp by 0.5% in the third quarter. Conning Inc. now owns 30,128 shares of the company's stock worth $125,000 after buying an additional 3,660 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Frontier Communications Corp by 79.2% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 67,244 shares of the company's stock worth $227,000 after buying an additional 246 shares in the last quarter. Capstone Asset Management Co. increased its stake in Frontier Communications Corp by 0.5% in the third quarter. Stock has got OUTPERFORM rating from 7 analysts of Thomson Reuters, 10 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. Norinchukin Bank The boosted its stake in Frontier Communications Corp by 2.1% in the third quarter.

Deutsche Bank Downgrades Frontier Communications Corporation (FTR) to Hold with no specific Price Target. The Firm offers a portfolio of communications services for residential and business customers.

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