Do Traders Think Frontier Communications Parent Inc (FYBR) Can Turn Around Friday?

Frontier Communications Parent Inc (FYBR) stock is down 7.20% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Frontier Communications Parent Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FYBR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With FYBR Stock Today?

Frontier Communications Parent Inc (FYBR) stock is trading at $15.59 as of 2:47 PM on Friday, May 26, a rise of $0.23, or 1.53% from the previous closing price of $15.35. The stock has traded between $15.14 and $15.78 so far today. Volume today is less active than usual. So far 1,673,035 shares have traded compared to average volume of 2,415,779 shares. To see InvestorsObserver's Sentiment Score for Frontier Communications Parent Inc click here.

More About Frontier Communications Parent Inc

Frontier Communications Parent Inc offers a variety of services to residential and business customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It offers communications solutions to small, medium, and enterprise businesses. Click Here to get the full Stock Report for Frontier Communications Parent Inc stock.