Large Outflow of Money Witnessed in Frontier Communications Corporation

Frontier Communications Corporation (FTR) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($4.13 million) and the uptick to downtick ratio was 0.71. The transaction value on upticks was $10.13 million and on downticks, the transaction value was $14.26 million. In block trades, the transaction value of inflow done during uptick was $2.76 million. The transaction value of block trades during downticks was $6.54 million. The uptick to downtick block trade ratio was 0.42. The money flow was negative ($3.78 million), indicating the traders were booking profit on the price strength. Frontier Communications Corporation (FTR) rose $0.04 at $5.21, during intraday Monday , a rise of 0.68% over the previous days close.


Frontier Communications Corporation has dropped 2.76% during the last 3-month period . Year-to-Date the stock performance stands at 15.84%. Shares of Frontier Communications Corporation rose by 5.69% in the last five trading days and 3.17% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (EVP, Chief People Officer) of Frontier Communications Corp, Weslock Kathleen had purchased shares worth of $59,500 in a transaction dated on November 10, 2015. A total of 12,370 shares were purchased at a price of $4.81 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Frontier Communications Corporation (NASDAQ:FTR): stock turned positive on Monday. Though the stock opened at $5.1, the bulls momentum made the stock top out at $5.21 level for the day. The stock recorded a low of $5.01 and closed the trading day at $5.2, in the green by 0.58%. The total traded volume for the day was 18,996,956. The stock had closed at $5.17 in the previous days trading.

Frontier Communications Corporation is a communications company. The Company is engaged in providing services to rural areas and small and medium-sized towns and cities in the United States. It offers a range of voice, data and video services and products. The Company offers a portfolio of communications services for residential and business customers in each of its markets. It conducts business with both residential and business customers, and it provides the last mile of communications services to customers in these markets. The Company provides data and Internet services and wireless data services, basic local and long distance voice wireline services to residential and business customers in its service areas, network access to interexchange carriers for origination and termination of long distance voice and data traffic, sales of its own and third party video services, and sales of customer premise equipment.

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