Frontier Communications Corp Class B

(

FTR

) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.4%. By the end of trading, Frontier Communications Corp Class B rose 7 cents (2%) to $3.58 on light volume. Throughout the day, 8.8 million shares of Frontier Communications Corp Class B exchanged hands as compared to its average daily volume of 14.8 million shares. The stock ranged in a price between $3.48-$3.62 after having opened the day at $3.51 as compared to the previous trading day's close of $3.51. Other companies within the Telecommunications industry that increased today were:

Neonode

(

NEON

), up 28%,

Nexxus Lighting

(

NEXS

), up 11.9%,

Lumos Networks

(

LMOS

), up 8.5%, and

NTS

(

NTS

), up 8%.

Frontier Communications Corporation provides communications services for residential and business customers in the United States. Frontier Communications Corp Class B has a market cap of $3.49 billion and is part of the

technology

sector. The company has a P/E ratio of 26.9, below the average telecommunications industry P/E ratio of 29.2 and above the S&P 500 P/E ratio of 17.7. Shares are down 32% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Frontier Communications Corp Class B a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates Frontier Communications Corp Class B as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity.

On the negative front,

Ubiquiti Networks

(

UBNT

), down 12.8%,

Orckit Communications

(

ORCT

), down 11.2%,

magicJack VocalTec

(

CALL

), down 9.9%, and

Motricity

(

MOTR

), down 9.7%, were all losers within the telecommunications industry with

America Movil S.A.B. de C.V

(

AMX

) being today's telecommunications industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider

iShares Dow Jones US Telecom

(

IYZ

) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication

(

TLL

).

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