Frontier Communications Corporation (NASDAQ:FTR) announced that board adopted a shareholder rights plan designed to prevent a change in control of the company that could threaten the availability of its net operating loss carryforwards. These were worth USD 2.4 billion at the end of 2018 and can be offset against future profits to reduce the US operator’s tax bill.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the FTR is 1.20%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the FTR is 80.10%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that FTR. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Frontier Communications Corporation (NASDAQ:FTR) is 0.00%.
Institutional transactions is the amount of a Frontier Communications Corporation (NASDAQ:FTR)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the FTR is 0.30%.
A Technology sector firm, Frontier Communications Corporation (NASDAQ:FTR) stock climbs 1.71% on Tuesday and when day-trade ended the stock finally concluded at $1.78 and number of shares that changed hands during the day are 2.55 Million. The number of shares FTR stock currently held by all its shareholders are 103.89 and floated shares, the number of shares are available for trading in an open market on last trading day are 103.77. The average volume of shares for 3 months is 3590.28 and FTR stock value has moved between $1.2 – 7.12 in last one year.
The Frontier Communications Corporation (NASDAQ:FTR)’s latest earnings date is 7/30/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Frontier Communications Corporation (NASDAQ:FTR) is 61.50% and the profit margin is -9.40% and the stock has gained -25.21% in 2019 to date.
Frontier Communications Corporation (NASDAQ:FTR)’s monthly stock performance is -5.32%, the quarterly performance is -21.59%, the half year performance is calculated as -25.21%. The yearly performance of FTR is -66.79%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Frontier Communications Corporation (NASDAQ:FTR) weekly volatility is measured as 7.97% and monthly volatility measured as 10.20%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. FTR return on assets is -3.40%, the return on equity (ROE) of the Frontier Communications Corporation (NASDAQ:FTR) is -43.00%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and FTR return on investment is 4.70%.
The price to sales ratio is 0.02, and price to book ratio is 0.12, price to cash per share ration is 1.55, price to free cash flow is 0.29.
Analysts mean target price for Frontier Communications Corporation (NASDAQ:FTR) is $2.14 while analysts mean recommendation is 3.90. The current share price indicates that stock is -75.45% away from its one year high and is moving 47.72% ahead of its 52-week low. FTR’s distance from 20 day simple moving average is 10.97% and distance from 50-Day simple moving average is -7.44%.