The technology sector closed the day up 1.7%. Banks.com Inc ( BNX), China Finance Online ( JRJC), RF Monolithics ( RFMI), and OmniVision Technologies Inc ( OVTI) were all decliners today within the technology sector with Frontier Communications ( FTR) being today's featured technology loser. Frontier Communications fell 3 cents (-0.5%) to $5.97 on light volume. Throughout the day, 7.1 million shares of Frontier Communications exchanged hands as compared to its average daily volume of 15.3 million shares. 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. Frontier Communications has a market cap of $6 billion and is part of the telecommunications industry. The company has a P/E ratio of 86.1, above the average telecommunications industry P/E ratio of 37.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 38.3% year to date as of the close of trading on Thursday. TheStreet Ratings rates Frontier as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. 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 unimpressive growth in net income.
- You can view the full Frontier Ratings Report.
- Use our technology section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.