By one measure, price-to-earnings ratio, FairPoint Communications, Inc. -  
$FRP is the cheapest stock in the Telecommunications Equipment industry.
FRP has a P/E of 2.65 while the average stock in the industry goes for  
29.071167.
The stock last changed hands for $13.94. In the past year, it has traded in  
a range between $12.69 - $18.87

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