Frontier Communications Corporation (FTR): From Top to Bottom

Frontier Communications Corporation (FTR) is an interesting player in the Technology space, with a focus on Telecom Services – Domestic. The stock has been active on the tape, currently trading at $1.31, up from yesterday’s close by 3.15%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. Frontier Communications Corporation (FTR) currently trades with a market capitalization of $1.54 Billion. That value represents a market adjusting for revenues that have been growing by 73.87 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For FTR, the company currently has $341 Million of cash on the books, which is offset by $363 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $570 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $-0.07 on a per share basis this quarter. Perhaps, that suggests something about why 48.53% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Frontier Communications Corporation recorded a 52-week high of $5.22. It is now trading 3.91% off that level. The stock is trading $1.58 its 50-day moving average by 0.27%. The stock carved out a 52-week low down at $1.18.

In recent action, Frontier Communications Corporation (FTR) has made a move of -1.50% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 90.37, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 23.13% with $1.17 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of FTR.

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