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Frontier Communications reaches 52-week high at $37.98

Shares of Frontier Communications (FYBR) closed at a new 52-week high of $37.98. Data show a one-year total return of 8.78% and a one-year change of 9.17% with comparatively low volatility. For the third quarter the company reported revenue of $1.55 billion (slightly above consensus) and a net loss per share of $0.30, driven by growth in the fiber broadband business and improved operating efficiency. InvestingPro notes high leverage (debt ratio 2.56) and a possible overvaluation relative to fair value. » Plus sur de.investing.com