Frontier Communications Corp (Nasdaq:FTR)
November 7th, 2018
With markets going up Frontier Communications Corp finished Wednesday’s trading session down 22.91%, a $1.21 decrease to close on $4.06. As well as the drop in value, Frontier Communications Corp hit a new 52 week low of $4.02, breaking the previous low of $4.26 from earlier this June. Frontier Communications Corp swung 34.08% between high and low. Despite the drop in value, trading volumes were solid at 365% of normal which can indicate investor opportunities.
Analysis results from 14 analysts points to the possibility that Frontier Communications Corp might go up significantly (21%).
Wednesday saw an upward swing in all sectors of the market with Consumer Discretionary leading the pack with a 3.12% increase. Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 7.75%.
- Consumer Discretionary went up with a 3.12% change.
- Healthcare went up with a 2.94% change.
- Information Technology went up with a 2.88% change.
- Communication Services went up with a 1.93% change.
- Materials went up with a 1.90% change.
- Industrials went up with a 1.68% change.
- Energy went up with a 1.61% change.
- Financials went up with a 1.34% change.
- Real Estate went up with a 1.14% change.
- Utilities went up with a 1.08% change.
- Consumer Staples went up with a 0.56% change.
Frontier Communications is based in Stamford, United States of America. was founded in 1927.
Frontier Communications Corp Info
Frontier Communications Corporation provides communications services to consumer, commercial, and wholesale customers in the United States. It offers broadband, video, voice, and other services and products through a combination of fiber and copper based networks to consumer customers. The company also provides broadband, Ethernet, traditional circuit-based, and voice services; and software defined wide area network, multiprotocol label switching, and time division multiplexing data transport and optical transport services to small, medium, and large enterprises, as well as advanced hardware and network solutions and services, and customer premise equipment. In addition, it offers 24/7 technical support; wireless broadband services in selected markets; satellite TV video services; voice services, including data-based VoIP, and long distance and voice messaging services; and a package of communications services. Further, the company provides a range of access services that allow other carriers to use facilities to originate and terminate their local and long distance voice traffic. As of December 31, 2017, it served approximately 4.9 million customers and 3.9 million broadband subscribers in 29 states. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.
All amounts in USD unless otherwise indicated
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