Frontier Communications (NASDAQ:FTR) Testing Resistance

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Frontier Communications Corporation ($FTR) is breaking above the resistance line in the series of lower highs high higher lows shares have been printing this year. Frontier Communications Corporation is up 1.31% at $4.25 on a volume of 4,470,710 shares. Shares are approaching the 200 day moving average, currently at $4.29

52 Week Range $3.59-$5.15
Market Cap 4,240,450,250
Average Volume 8,932,283
Dividend Yield 9.52%
Institutional Ownership 66.50%
Insider Ownership: 0.80%
Percentage of Float Short 23.70%
Beta 0.55

Frontier Communications Corporation Frontier Communications Corporation provides communication services to rural areas and small and medium-sized towns and cities in the U.S. Its offerings include broadband Internet, digital television service, and computer technical support, among others.

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