NEW YORK (

TheStreet

) --

Frontier Communications Corp Class B

(Nasdaq:

FTR

) hit a new 52-week low Monday as it is currently trading at $4.80, below its previous 52-week low of $4.82 with 10.2 million shares traded as of 3:35 p.m. ET. Average volume has been 14.5 million shares over the past 30 days.

Frontier Communications Corp Class B has a market cap of $4.84 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 49.4% year to date as of the close of trading on Friday.

Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company has a P/E ratio of 30.4, below the average telecommunications industry P/E ratio of 32.4 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Frontier Communications Corp Class B as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and generally poor debt management. You can view the full

Frontier Communications Corp Class B Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null