Frontier Communications Corporation (FTR) : During the past 4 weeks, traders have been relatively bearish on Frontier Communications Corporation (FTR), hence the stock is down -6.86% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.64% relative to the S&P 500. The 4-week change in the price of the stock is -8.74% and the stock has fallen -6.14% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.36% and the 50-Day Moving Average is 9.67%.The 200 Day SMA reached 9.97% Frontier Communications Corporation has dropped 14.3% during the last 3-month period . Year-to-Date the stock performance stands at -2.45%.
Frontier Communications Corporation (FTR) : 8 investment research analysts covering Frontier Communications Corporation (FTR) have an average price target of $5.77 for the near short term. The highest target price given by the Brokerage Firm to the stock is $8 and the lowest target is $5 for the short term. Analysts expect the variance to be within $0.84 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Frontier Communications Corporation (NASDAQ:FTR): stock was range-bound between the intraday low of $4.1 and the intraday high of $4.33 after having opened at $4.3 on Fridays session. The stock finally closed in the red at $4.3, a loss of -1.61%. The stock remained in the red for the whole trading day. The total traded volume was 53,904,665 shares. The stock failed to cross $4.33 in Fridays trading. The stocks closing price on Thursday was $4.35.
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.