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) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.6%. By the end of trading, Frontier Communications Corp Class B rose $0.49 (10.7%) to $5.08 on heavy volume. Throughout the day, 36,867,254 shares of Frontier Communications Corp Class B exchanged hands as compared to its average daily volume of 9,694,500 shares. The stock ranged in a price between $4.70-$5.15 after having opened the day at $4.71 as compared to the previous trading day's close of $4.59. Other companies within the Telecommunications industry that increased today were:
), up 9.0%,
), up 7.8%,
), up 6.9% and
), up 6.3%.
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Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to business, residential, and wholesale customers in the United States. Frontier Communications Corp Class B has a market cap of $4.6 billion and is part of the technology sector. Shares are down 0.3% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Frontier Communications Corp Class B a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates Frontier Communications Corp Class B as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full Frontier Communications Corp Class B Ratings Report.
On the negative front,
), down 13.4%,
), down 7.7%,
), down 6.3% and
), down 5.7% , were all laggards within the telecommunications industry with
) being today's telecommunications industry laggard.
- Use our telecommunications section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider
) while those bearish on the telecommunications industry could consider
- Find other investment ideas from our top rated ETFs lists.