Frontier Communications Corp Class B Stock Hits New 52-Week Low (FTR)
NEW YORK (
) --
Frontier Communications Corp Class B
(Nasdaq:
) hit a new 52-week low Tuesday as it is currently trading at $4.76, below its previous 52-week low of $4.79 with 1.6 million shares traded as of 9:40 a.m. ET. Average volume has been 15.8 million shares over the past 30 days.
Frontier Communications Corp Class B has a market cap of $4.85 billion and is part of the
sector and
industry. Shares are down 5.8% year to date as of the close of trading on Monday.
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 32.5 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
. 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
or get investment ideas from our
.
null
