Shares of FTR traded higher by 1.19% or $0.049/share to $4.17. NASDAQ is trading at a price to book ratio of 1.01. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.83 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.83. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 9696040 shares of FTR exchange hands on a given day and today's volume is recorded at 6053466. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Frontier Communications Corporation (Frontier) is a communications company providing services primarily to rural areas and small and medium-sized towns and cities in the United States.
