Frontier Group Holdings Inc. (NASDAQ: ULCC) has seen a rise in its stock price by 5.58 in relation to its previous close of 7.90. However, the company has experienced a 5.85% gain in its stock price over the last five trading sessions. The Wall Street Journal reported on 12/07/22 that It’s Not Just You: Businesses Are Making Their Phone Numbers Hard to Find
Is It Worth Investing in Frontier Group Holdings Inc. (NASDAQ: ULCC) Right Now?
Frontier Group Holdings Inc. (NASDAQ: ULCC) has a price-to-earnings ratio of 24.38x that is above its average ratio.
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The public float for ULCC is 215.14M and currently, short sellers hold a 1.70% ratio of that float. The average trading volume of ULCC on May 26, 2023 was 1.34M shares.
ULCC’s Market Performance
The stock of Frontier Group Holdings Inc. (ULCC) has seen a 5.85% increase in the past week, with a -7.22% drop in the past month, and a -25.79% fall in the past quarter. The volatility ratio for the week is 3.64%, and the volatility levels for the past 30 days are at 4.79% for ULCC. The simple moving average for the last 20 days is 0.91% for ULCC stock, with a simple moving average of -24.95% for the last 200 days.
ULCC Trading at -6.33% from the 50-Day Moving Average
After a stumble in the market that brought ULCC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.30% of loss for the given period.
Volatility was left at 4.79%, however, over the last 30 days, the volatility rate increased by 3.64%, as shares sank -12.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.09% lower at present.
During the last 5 trading sessions, ULCC rose by +5.84%, which changed the moving average for the period of 200-days by -41.35% in comparison to the 20-day moving average, which settled at $8.21. In addition, Frontier Group Holdings Inc. saw -18.78% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ULCC starting from Biffle Barry, who sale 23,800 shares at the price of $7.81 back on May 24. After this action, Biffle Barry now owns 601,684 shares of Frontier Group Holdings Inc., valued at $185,861 using the latest closing price.
Biffle Barry, the President & CEO of Frontier Group Holdings Inc., sale 92,700 shares at $8.02 during a trade that took place back on May 10, which means that Biffle Barry is holding 574,484 shares at $743,167 based on the most recent closing price.
Stock Fundamentals for ULCC
Current profitability levels for the company are sitting at:
- -3.40 for the present operating margin
- +1.53 for the gross margin
The net margin for Frontier Group Holdings Inc. stands at -1.11. The total capital return value is set at -3.32, while invested capital returns managed to touch -1.32. Equity return is now at value 15.00, with 1.60 for asset returns.
Based on Frontier Group Holdings Inc. (ULCC), the company’s capital structure generated 575.25 points at debt to equity in total, while total debt to capital is 85.19. Total debt to assets is 65.08, with long-term debt to equity ratio resting at 453.05. Finally, the long-term debt to capital ratio is 67.09.
When we switch over and look at the enterprise to sales, we see a ratio of 1.09, with the company’s debt to enterprise value settled at 0.67. The receivables turnover for the company is 41.58 and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.
Conclusion
In conclusion, Frontier Group Holdings Inc. (ULCC) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
