Frontier Communications (NASDAQ: FTR) – Feb. 3, 2017 – Camtrading

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Frontier Communications Corporation ($FTR)

Frontier is Telecom Services Company in the Technology sector. The market cap is $4.03B. The stock closed at $3.42 on Friday, February 3, 2017. The previous day’s close was $3.37 making a gain of $0.05. As of today’s close, FTR is up 1% year-to-date and has an average volume of 31 million shares traded daily.

Performance

  • 52 Week range:  Low of $3.10 (November 2016) and the High is $5.85 (March 2016)
  • 1 Month performance: -4%
  • 6-month performance: -29%
  • 1-year performance: -27%

Moving Averages

  • 50 simple moving average (SMA): $3.50
  • 100 SMA: $3.66
  • 200 SMA: $4.20

Camtrading’s Opinion

Frontier is currently trading about 10% above the 52 week low. As for the price of $FTR, there is support around the $3.15 level and the resistance at the $3.75 level. The overall trend is down on FTR, but if it can hold above the support level, there may be some upside potential.

Disclosure: I do not own stock in Frontier Communications. This article only expresses my opinion and is not a recommendation of the company. 

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