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As of close of business last night, Frontier Group Holdings Inc’s stock clocked out at $6.49, up 0.78% from its previous closing price of $6.44. In other words, the price has increased by $0.78 from its previous closing price. On the day, 2.23 million shares were traded. ULCC stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $6.29.
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 0.53. In the meantime, Its Debt-to-Equity ratio is 7.70 whereas as Long-Term Debt/Eq ratio is at 6.20.
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 the company, Deutsche Bank on December 11, 2024, Upgraded its rating to Buy and sets its target price to $8 from $6 previously.
Citigroup reiterated its Neutral rating for the stock on October 22, 2024, while the target price for the stock was revised from $4.70 to $7.15.
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 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 1462664192 and an Enterprise Value of 5113666048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 1.396 whereas that against EBITDA is -22.137.
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 4.54%, while the 200-Day Moving Average is calculated to be 17.95%.
Shares Statistics:
It appears that ULCC traded 2.65M shares on average per day over the past three months and 2815410 shares per day over the past ten days. A total of 224.52M shares are outstanding, with a floating share count of 80.99M. Insiders hold about 64.06% of the company’s shares, while institutions hold 37.50% stake in the company. Shares short for ULCC as of 1732838400 were 15516707 with a Short Ratio of 5.87, compared to 1730332800 on 16931771. Therefore, it implies a Short% of Shares Outstanding of 15516707 and a Short% of Float of 35.869997999999995.
