This is the 1st VOLUME alert for FRNTQ in the past 7 calendar days.
Trading for Frontier Airlines Holdings, Inc. (OTC: FRNTQ) has been heavier than usual in today's session. By 11:00 ET, the stock had already traded 2,510,032 shares via 244 trades. The cumulative volume is 18.24% above its 20-day average of 2,122,795. Normally the stock experiences around 278 individual trades per session.
So far, today's volume surge has caused a net decline in FRNTQ's stock price. At the time of this alert, the stock was trading at $0.080, down $-0.031 (-27.93%).
One year ago, the Company's shares closed at $0.270. The price has declined more than 70 percent since then.
Over the last 10 trading session FRNTQ has traded in a range between $0.000 and $0.210 and is currently trading 87.50% below its 52-week high of $0.640 set on May 29,2009 and 143.90% above its 52-week low of $0.033 from July 10,2009.
In the previous 3 sessions, FRNTQ trading has displayed a mixed trend. Closing results have been as follows:
September 09, 2009 --- closed at $0.111 up $0.001 (+0.91%) on 484,200 shares September 08, 2009 --- closed at $0.110 even for the day on 379,800 shares September 04, 2009 --- closed at $0.110 down $0.001 (-0.90%) on 1,256,600 shares
The Company last released news on September 08, 2009:
"Frontier Airlines Reports Preliminary Traffic for August 2009"
FRONTIER AIRLINES HOLDINGS, INC. The Company is a low cost, affordable fare airline operating primarily in a hub and spoke fashion connecting cities coast to coast through its hub at DIA.
Public Companies Associated with this story: FRNTQ
Knobias Subject Codes Associated with this story: Technical Analysis VOLUME(-)
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