Frontier Communications Corporation (symbol: FTR) was one of the biggest
winners of the trading day today (2015-08-03), gaining 9.11%. The number of
shares that changed hands was 57,114,539, or about 2.1 times the average
daily volume in the stock.
The closing price was $5.15, amounting to a market cap of $5,170,000,000,
about -39.13% off the highest price in the last 12 months. The stock has
been trading at a range between $4.19 and $8.46.
FTR is in the Telecommunications Equipment industry, part of the Public
Utilities sector.
Looking at its valuation, the stock is now trading at 128.75 times earnings.
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