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.
- 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%
- 50 simple moving average (SMA): $3.50
- 100 SMA: $3.66
- 200 SMA: $4.20
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.