In Thursday’s Wall Street session, Frontier Communications Parent Inc (NASDAQ:FYBR) shares traded at $35.95, up 0.50% from the previous session.
FYBR stock price is now 0.55% away from the 50-day moving average and 9.81% away from the 200-day moving average. The market capitalization of the company currently stands at $8.98B.
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, while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Harrobin John, EVP, Consumer sold 36,000 shares of the company’s stock on Mar 03 ’25. The stock was sold for $1,296,360 at an average price of $36.01. Upon completion of the transaction, the EVP, Consumer now directly owns 76,523 shares in the company, valued at $2.75 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Officer Harrobin John bought 36,000 shares of the business’s stock. A total of $1,296,369 was incurred on buying the stock at an average price of $36.01. A total of 15.76% of the company’s stock is owned by insiders.
During the past 12 months, Frontier Communications Parent Inc has had a low of $21.31 and a high of $39.21. As of last week, the company has a debt-to-equity ratio of 2.37, a current ratio of 0.55, and a quick ratio of 0.55. The fifty day moving average price for FYBR is $35.7526 and a two-hundred day moving average price translates $32.73695 for the stock.
The latest earnings results from Frontier Communications Parent Inc (NASDAQ: FYBR) was released for 2024-12-31. The net profit margin was -5.42% and return on equity was -6.30% for FYBR. The company reported revenue of $1.51 billion for the quarter, compared to $1.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.61 percent.
