The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Frontier Group Holdings Inc’s current trading price is -36.42% away from its 52-week high, while its distance from the 52-week low is 110.66%. The stock’s price range for this period has been between $3.19 and $10.57 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 1.57 million for the day, a number notably lower than the average daily volume of 2.22 million over the last three months.
Frontier Group Holdings Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $10.57 on 07/12/23, while the lowest price for the same duration was marked at $3.19 on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Frontier Group Holdings Inc (ULCC) has experienced a quarterly rise of 29.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.50B and boasts a workforce of 7235 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.23, with a change in price of +2.78. Similarly, Frontier Group Holdings Inc recorded 2,468,218 in trading volume during the last 100 days, posting a change of +70.56%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ULCC stands at 6.82. Similarly, the long-term debt-to-equity ratio is also 5.24.
ULCC Stock Stochastic Average
As of today, Frontier Group Holdings Inc’s raw stochastic average for the last 50 days stands at 18.27%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 18.65%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 29.53% and 31.66%, respectively.
ULCC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 23.08% this year. Over the last six months, there has been a weaker performance of 58.87%. The price of ULCC leaped by -3.17% during the last 30 days period. For the last 5-days stocks have improved 3.38%.
