Frontier Communications Parent Inc (FYBR) Shares Plummet Below 1-Year High

Frontier Communications Parent Inc (NASDAQ: FYBR)’s stock price has plunge by -0.70relation to previous closing price of 34.39. Nevertheless, the company has seen a -2.29% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-11-07 that DALLAS–(BUSINESS WIRE)–Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today issued the following statement in response to reports published by ISS on November 1 and Glass Lewis on November 6 regarding its proposed transaction with Verizon: Frontier disagrees with ISS’ and Glass Lewis’ recommendation to “Abstain” from voting on the transaction. Frontier’s Board of Directors believes that Verizon’s all-cash offer of $38.50 per share is highly attractive and creates significant.

Is It Worth Investing in Frontier Communications Parent Inc (NASDAQ: FYBR) Right Now?

The 36-month beta value for FYBR is at 1.06. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 4 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for FYBR is 187.21M, and currently, shorts hold a 3.31% of that float. The average trading volume for FYBR on November 13, 2024 was 3.48M shares.

FYBR’s Market Performance

The stock of Frontier Communications Parent Inc (FYBR) has seen a -2.29% decrease in the past week, with a -3.12% drop in the past month, and a 22.84% gain in the past quarter. The volatility ratio for the week is 1.43%, and the volatility levels for the past 30 days are at 1.20% for FYBR. The simple moving average for the last 20 days is -3.74% for FYBR stock, with a simple moving average of 22.36% for the last 200 days.

FYBR Trading at -4.01% from the 50-Day Moving Average

After a stumble in the market that brought FYBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.90% of loss for the given period.

Volatility was left at 1.20%, however, over the last 30 days, the volatility rate increased by 1.43%, as shares sank -4.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.79% upper at present.

During the last 5 trading sessions, FYBR fell by -2.29%, which changed the moving average for the period of 200-days by +34.77% in comparison to the 20-day moving average, which settled at $35.48. In addition, Frontier Communications Parent Inc saw 34.77% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for FYBR

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.16 for the gross margin

The net margin for Frontier Communications Parent Inc stands at -0.02. The total capital return value is set at 20.98. Equity return is now at value -3.63, with -0.90 for asset returns.

Based on Frontier Communications Parent Inc (FYBR), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 25.71. The debt to equity ratio resting at 2.28. The interest coverage ratio of the stock is 0.65.

Currently, EBITDA for the company is 1.98 billion with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.95. The receivables turnover for the company is 10428.37for trailing twelve months and the total asset turnover is 209.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.

Conclusion

In conclusion, Frontier Communications Parent Inc (FYBR) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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