For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Frontier Group Holdings Inc (NASDAQ: ULCC) closed at $5.92 in the last session, up 1.89% from day before closing price of $5.81. In other words, the price has increased by $1.89 from its previous closing price. On the day, 2.42 million shares were traded. ULCC stock price reached its highest trading level at $6.025 during the session, while it also had its lowest trading level at $5.71.
Ratios:
We take a closer look at ULCC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 7.70 whereas as Long-Term Debt/Eq ratio is at 6.20.
On October 22, 2024, Citigroup reiterated its Neutral rating and also lowered its target price recommendation from $4.70 to $7.15.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 06 ’24 when Connor Josh T. sold 120,000 shares for $5.79 per share. The transaction valued at 694,728 led to the insider holds 116,550 shares of the business.
Connor Josh T. sold 60,000 shares of ULCC for $360,030 on Dec 05 ’24. The Director now owns 236,550 shares after completing the transaction at $6.00 per share. On Dec 06 ’24, another insider, JOHN CONNOR, who serves as the BOARD MEMBER of the company, bought 120,000 shares for $5.79 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ULCC now has a Market Capitalization of 1334202240 and an Enterprise Value of 4985204224. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 1.361 whereas that against EBITDA is -21.581.
Stock Price History:
Over the past 52 weeks, ULCC has reached a high of $8.33, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is -2.61%, while the 200-Day Moving Average is calculated to be 7.20%.
Shares Statistics:
According to the various share statistics, ULCC traded on average about 2.61M shares per day over the past 3-months and 2362960 shares per day over the past 10 days. A total of 224.52M shares are outstanding, with a floating share count of 80.81M. Insiders hold about 64.14% of the company’s shares, while institutions hold 37.50% stake in the company. Shares short for ULCC as of 1731628800 were 15307978 with a Short Ratio of 5.87, compared to 1728950400 on 17747589. Therefore, it implies a Short% of Shares Outstanding of 15307978 and a Short% of Float of 35.39.
