Large Inflow of Money Witnessed in Frontier Communications Corporation

Frontier Communications Corporation (NASDAQ:FTR) dropped by -0.87 or -0.05 points during the last session to $5.13 per share. One of the highlights of the day was the net money flow figure, which stood at $1.14 million even as the stock accepted $1.83 million in upticks but rejected $0.68 million in downticks. The up/down ratio for the last observation was a 2.68. The 1-week percentage change for the stock price is registered at 0.29%.A block transaction occurred with $1.2 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $1.2 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 3.81% and the 50-Day Moving Average is 0.91%. The company shares have rallied 1.57% in the past 52 Weeks. On March 7, 2016 The shares registered one year high of $5.85 and one year low was seen on January 20, 2016 at $3.81. The 50-day moving average is $5.15 and the 200 day moving average is recorded at $5.01. S&P 500 has rallied 1.93% during the last 52-weeks.

Frontier Communications Corporation (NASDAQ:FTR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.17 and $5.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.21, notching a gain of 0.77% for the day. The total traded volume was 10,720,120 . The stock had closed at $5.17 on the previous day.

Currently the company Insiders own 0.99% of Frontier Communications Corporation shares according to the proxy statements. Institutional Investors own 66.55% of Frontier Communications Corporation shares. On the companys insider trading activities, Weslock Kathleen, officer (EVP, Chief People Officer) of Frontier Communications Corp had purchased 12,370 shares on November 10, 2015 in a transaction. The price per share was $4.81 and the total amount of the disclosed transaction was $59,500.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Frontier Communications Corporation is a communications company. The Company is engaged in providing services to rural areas and small and medium-sized towns and cities in the United States. It offers a range of voice, data and video services and products. The Company offers a portfolio of communications services for residential and business customers in each of its markets. It conducts business with both residential and business customers, and it provides the last mile of communications services to customers in these markets. The Company provides data and Internet services and wireless data services, basic local and long distance voice wireline services to residential and business customers in its service areas, network access to interexchange carriers for origination and termination of long distance voice and data traffic, sales of its own and third party video services, and sales of customer premise equipment.

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