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As of close of business last night, Frontier Group Holdings Inc’s stock clocked out at $3.44, down -0.29% from its previous closing price of $3.45. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1.16 million shares were traded. ULCC stock price reached its highest trading level at $3.51 during the session, while it also had its lowest trading level at $3.385.
Ratios:
To gain a deeper understanding of ULCC’s stock, we examine its different ratios. 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.
On July 17, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $6.50 to $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 774467840 and an Enterprise Value of 4183222272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 1.158 whereas that against EBITDA is -17.503.
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 -15.22%, while the 200-Day Moving Average is calculated to be -36.61%.
Shares Statistics:
It appears that ULCC traded 1.74M shares on average per day over the past three months and 1503160 shares per day over the past ten days. A total of 223.00M shares are outstanding, with a floating share count of 79.82M. Insiders hold about 64.44% of the company’s shares, while institutions hold 35.38% stake in the company. Shares short for ULCC as of 1722384000 were 14430760 with a Short Ratio of 8.30, compared to 1719532800 on 13236072. Therefore, it implies a Short% of Shares Outstanding of 14430760 and a Short% of Float of 34.07.
