Frontier Communications Corporation (FTR) failed to extend gains with the stock declining -1.06% or $-0.03 to close the day at $3.28 on active trading volume of 21.92M shares, compared to its three month average trading volume of 20.03M. The Norwalk Connecticut 06851 based company has been underperforming the telecom services – domestic group over the past 52 weeks, with the stock losing -15.23%, compared to the industry which has advanced 8.7% over the same period. With RSI of 37.75, the stock should still continue to rise and get closer to its one year target estimate of $4.65, making it a hold for now.
Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.
ON Semiconductor Corporation (ON) climbed 5.66% during last trading as the stock added $0.8 to finish the day at $14.94 with about 21.42M shares changing hands, compared to its three month average trading volume of 6.75M. The $6.21B market cap company, which fluctuated between $14.58 and $15.86 during the day, currently situated 114.35% above its 52 week low of $6.99 and 4.55% away from its one year high of $15.86. The RSI of 75.83 indicates the stock is overbought at the current levels, sell for now.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, as well as foundry and manufacturing services, including integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The company’s Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The company’s System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporation’s devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, as well as the Internet-of-Things. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corp. was founded in 1999 and is headquartered in Phoenix, Arizona.
Sino-Global Shipping America, Ltd. (SINO) saw its value increase by 72.79% as the stock gained $1.98 to finish the day at a closing price of $4.7. The stock was higher in trading and has fluctuated between $0.4-$14.2 per share for the past year. The shares, which traded within a range of $3.19 to $5.1 during the day, are up by 305.21% in the past three months and up by 139.8% over the past six months. It is currently trading 63.51% above its 20 day moving average and 47.54% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 76. The technical indicator do not lead us to believe the stock will see more gains any time soon.
Sino-Global Shipping America, Ltd. provides shipping agency and inland transportation management services in the United States, the People’s Republic of China, Australia, and Canada. Its shipping agency services include loading/discharging and protective services. The company was founded in 2001 and is headquartered in Roslyn, New York.