FairPoint Communications Inc. (FRP) is Trading Higher on Unusual Volume for January 11

Equities Staff |

FairPoint Communications Inc. (FRP) experienced unusually high volume on Jan. 11, as the stock gained 0.88% to a closing price of $15.98. The stock saw 156,260 shares trade hands over the course of the day on 803 trades. Given that the stock’s average daily volume over the last month has been 95,376 shares a day, this represents a pretty substantial spike over the norm.

FairPoint Communications Inc. has a P/B ratio of 17. It also has a P/E ratio of 144. The stock has traded between $20.98 and $14.05 over the last 52-weeks, its 50-day SMA is now $16.86, and its 200-day SMA $17.54.

FairPoint Communications Inc provides communications services to business, wholesale and residential customers. It service offerings including; Data and Internet Services; Voice Services; Access; and Other Services.

Headquartered in Charlotte, NC, FairPoint Communications Inc. has 3,052 employees and is currently under the leadership of CEO Paul H. Sunu.

For a complete fundamental analysis analysis of FairPoint Communications Inc., check out Equities.com’s Stock Valuation Analysis report for FRP. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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