There Is A Quest For Clarity Surrounding Frontier Group Holdings Inc (NASDAQ: ULCC) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Frontier Airlines Announces Promotions Among Executive Leadership.

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Stocks Info

This NASDAQ-listed company operates within the Airlines industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $7.88 and fluctuated between $7.97 as its day high and $7.55 as its day low. The current market capitalization of Frontier Group Holdings Inc is $1.74B. A total of 2.65 million shares were traded on the day, compared to an average of 0.90 shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ULCC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 47 BUYs and 43 SELLs from insiders. Insiders purchased 3,297,928 shares during that period but sold 2,494,076.

In the most recent transaction, Dempsey James G. sold 245,000 shares of ULCC for 3.99 per share on Nov 20. After the transaction, the President now owns 583,462 company shares. In a previous transaction on Nov 20, Diamond Howard sold 58,000 shares at 3.92 per share. ULCC shares that SVP, GC & Secretary owns now total 508,547.

Among the insiders who sold shares, Dempsey James G. disposed of 240,000 shares on Nov 17 at a per-share price of $3.90. This resulted in the President holding 347,507 shares of ULCC after the transaction. In another insider transaction, Diamond Howard sold 47,250 shares at $3.94 per share on Nov 17. Company shares held by the SVP, GC & Secretary now total 453,153.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ULCC in the last 3 months, the mean price target is $7.25 with high estimates of $12.00 and low estimates of $4.75. In terms of 52-week highs and lows, ULCC has a high of $11.90 and a low of $3.19.

As of this writing, ULCC has an earnings estimate of $AltC Acquisition Corp. per share for the current quarter. EPS was calculated based on a consensus of Frontier Group Holdings, Inc. estimates, with a high estimate of $TWINLAB CONSOLIDATED HOLDINGS I per share and a lower estimate of $ProShares Ultra Consumer Discre.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ULCC’s latest balance sheet shows that the firm has $918.00M in Cash & Short Term Investments as of fiscal 2021. There were $2.85B in debt and $1.33B in liabilities at the time. Its Book Value Per Share was $2.45, while its Total Shareholder’s Equity was $530.00M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ULCC is Buy with a score of 3.30.

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