Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $5.69 in the prior trading day, Frontier Group Holdings Inc (NASDAQ: ULCC) closed at $5.83, up 2.46%. In other words, the price has increased by $2.46 from its previous closing price. On the day, 1.06 million shares were traded. ULCC stock price reached its highest trading level at $5.9328 during the session, while it also had its lowest trading level at $5.65.
Ratios:
Our goal is to gain a better understanding of ULCC by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’24 when Wetzel Josh A sold 12,000 shares for $6.75 per share. The transaction valued at 81,006 led to the insider holds 1,422 shares of the business.
JOSHUA WETZEL bought 12,000 shares of ULCC for $81,011 on Nov 14 ’24. On Oct 04 ’24, another insider, Schuller Steve, who serves as the SVP, Human Resources of the company, sold 10,000 shares for $6.00 each. As a result, the insider received 60,000 and left with 34,035 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 1313918720 and an Enterprise Value of 4964920320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 1.355 whereas that against EBITDA is -21.493.
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 -1.41%, while the 200-Day Moving Average is calculated to be 4.68%.
Shares Statistics:
The stock has traded on average 2.55M shares per day over the past 3-months and 3040500 shares per day over the last 10 days, according to various share statistics. A total of 223.00M shares are outstanding, with a floating share count of 80.75M. Insiders hold about 64.17% of the company’s shares, while institutions hold 37.49% stake in the company. Shares short for ULCC as of 1731628800 were 15307978 with a Short Ratio of 6.01, compared to 1728950400 on 17747589. Therefore, it implies a Short% of Shares Outstanding of 15307978 and a Short% of Float of 35.39.
