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Frontier Communications Stock Has Had a Rough Year: What’s Next?

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Shareholder returns and stock trends

Frontier Communications’ (FTR) closing price on June 11 was $1.69 per share. Based on that closing price, Frontier Communications has a market capitalization of $0.2 billion. The stock is trading 1.8% above its 52-week low of $1.66 per share and 79.3% below its 52-week high of $8.15 per share.

Year-to-date, Frontier’s stock price has fallen 29.0%. The stock has generated a return of -18.8% in the trailing-one-month period and -77.1% in the trailing-12-month period. However, analysts’ consensus estimates show that the stock could rise ~34.9% over the next 12 months.

 

Comcast (CMCSA) and Charter Communications (CHTR) have risen 28.8% and 38.4%, respectively, in the trailing-12-month period. CenturyLink’s (CTL) stock price decreased by 40.2% in the trailing-12-month period.

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MACD

On June 11, Frontier’s 14-day MACD (moving average convergence divergence) was -0.11, and the negative figure suggests a downward trading trend for Frontier. A company’s MACD is calculated as the difference between its long- and short-term moving averages. Comcast’s 14-day MACD was -0.43, CenturyLink’s was 0.21, and Charter’s was 11.15.

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