Is Frontier Communications Parent Inc (FYBR) a Stock to Watch After Gaining 2.21% This Week?

Frontier Communications Parent Inc (FYBR) stock is up 2.21% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Frontier Communications Parent Inc has a Bullish 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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With FYBR Stock Today?

Frontier Communications Parent Inc (FYBR) stock is trading at $24.05 as of 12:10 PM on Thursday, Mar 21, a rise of $0.54, or 2.3% from the previous closing price of $23.51. The stock has traded between $23.50 and $24.32 so far today. Volume today is less active than usual. So far 410,528 shares have traded compared to average volume of 1,944,728 shares. To screen for more stocks like 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.