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The closing price of Frontier Group Holdings Inc (NASDAQ: ULCC) was $4.20 for the day, down -3.67% from the previous closing price of $4.36. In other words, the price has decreased by -$3.67 from its previous closing price. On the day, 2.27 million shares were traded. ULCC stock price reached its highest trading level at $4.3799 during the session, while it also had its lowest trading level at $4.18.
Ratios:
Our analysis of ULCC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.52. In the meantime, Its Debt-to-Equity ratio is 7.83 whereas as Long-Term Debt/Eq ratio is at 6.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on September 16, 2024, Reiterated its Hold rating but revised its target price to $4 from $3 previously.
TD Cowen reiterated its Hold rating for the stock on July 17, 2024, while the target price for the stock was revised from $6.50 to $4.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 16 ’24 when Wetzel Josh A sold 11,000 shares for $6.00 per share. The transaction valued at 66,000 led to the insider holds 1,052 shares of the business.
Biffle Barry sold 151,620 shares of ULCC for $1,170,506 on Mar 05 ’24. The CEO now owns 772,981 shares after completing the transaction at $7.72 per share. On Mar 04 ’24, another insider, Biffle Barry, who serves as the CEO of the company, sold 142,154 shares for $7.38 each. As a result, the insider received 1,049,097 and left with 772,981 shares of the company.
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 942828608 and an Enterprise Value of 4353829888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 1.205 whereas that against EBITDA is -18.217.
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 12.90%, while the 200-Day Moving Average is calculated to be -22.65%.
Shares Statistics:
ULCC traded an average of 1.94M shares per day over the past three months and 3136150 shares per day over the past ten days. A total of 223.00M shares are outstanding, with a floating share count of 80.16M. Insiders hold about 64.29% of the company’s shares, while institutions hold 35.38% stake in the company. Shares short for ULCC as of 1724976000 were 14685947 with a Short Ratio of 7.58, compared to 1722384000 on 14430760. Therefore, it implies a Short% of Shares Outstanding of 14685947 and a Short% of Float of 34.660000000000004.
