NASDAQ New Highs: Frontier Communications (NASDAQ:FTR), Windstream Holdings (NASDAQ:WIN), BioFuel Energy (NASDAQ:BIOF), Finisar Corporation (NASDAQ:FNSR)

Posted by on Apr 18, 2014

Frontier Communications Corp (NASDAQ:FTR) launched a new business service that it hopes will expand its commercial customer base, enhance customer experience and lead to higher revenue. The company launched Frontier Business Edge that it hopes will empower its commercial customers to serve their markets better. Frontier Communications Corp (NASDAQ:FTR) shares after opening at $5.87 moved to $5.92 on last trade day and at the end of the day closed at $5.89. Company price to sales ratio in past twelve months was calculated as 1.24 and price to cash ratio as 6.71. Frontier Communications Corp (NASDAQ:FTR) showed a positive weekly performance of 8.27%.

Windstream Hosted Solutions, Inc. (NASDAQ:WIN) part of Windstream, and one of the nation’s premier providers of enterprise-class cloud and managed hosted solutions, has partnered with Racemi, a Software as a Service (SaaS) provider, to enable business to quickly and automatically migrate their existing physical and virtual servers to Windstream’s cloud. Windstream Holdings, Inc. (NASDAQ:WIN) shares fell -1.34% in last trading session and ended the day on $8.82. WIN return on equity ratio is recorded as 25.90% and its return on assets is 1.70%. Windstream Holdings, Inc. (NASDAQ:WIN) yearly performance is 16.21%.

TheStreet Ratings team rates BIOFUEL ENERGY CORP (NASDAQ:BIOF) as a Sell with a ratings score of D-. BioFuel Energy Corp. (NASDAQ:BIOF) shares moved up 27.39% in last trading session and was closed at $7.72 while trading in range of $ 6.14 – $8.50 – BioFuel Energy Corp. (NASDAQ:BIOF) year to date (YTD) performance is 351.46%.

Shares of Finisar Corporation (NASDAQ:FNSR) have received a consensus recommendation of “Buy” from the seventeen brokerages that are currently covering the company, Stock Ratings Network reports. Finisar Corporation (NASDAQ:FNSR) weekly performance is 10.67%. On last trading day company shares ended up $27.84. Finisar Corporation (NASDAQ:FNSR) distance from 50-day simple moving average (SMA50) is 12.61%. Analysts mean target price for the company is $28.58.

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