It is trading at $15.95 which is marginally over $14.69, the 50 day moving average and which is slightly below the 200 day moving average of $16.88. The 50 day moving average went up $1.26 or +8.55% and the 200 day average moved down $-0.93. 0 shares changed hands on Wednesday. Trading volume was down nan% under the stocks average daily volume.
These funds have shifted positions in (FRP). York Capital Management Global Advisors, LLC expanded its ownership by buying 52,499 shares an increase of 28.8% from 03/31/2017 to 06/30/2017. York Capital Management Global Advisors, LLC now holds 235,000 shares valued at $3,678,000. The value of the position overall is up by 21.4%. Cowen Group, Inc. cut its position by selling 313,404 shares a decrease of 47.8% as of 06/30/2017. Cowen Group, Inc. owns 342,821 shares with a value of $5,365,000. The total value of its holdings decreased 50.7%.
Ubs Group Ag divested its investment by selling 1,330 shares a decrease of 52.2% in the quarter. Ubs Group Ag claims 1,220 shares worth $19,000. The value of the position overall is down by 54.8%. Engineers Gate Manager Lp grew its holdings by buying 2,242 shares an increase of 11.6%. Engineers Gate Manager Lp now controls 21,515 shares valued at $337,000. The value of the position overall is up by 5.3%.
FairPoint Communications, Inc., launched on June 30, 1993, is a provider of data, voice and communications services to business, wholesale and residential customers within its service territories. The Company provides data, voice and communications services to business, wholesale and residential customers. The Company offers its customers a suite of services, such as Ethernet, Session Initiation Protocol Trunking (SIP-Trunking), hosted Primary Branch Exchange (hosted PBX), managed services, data center colocation services, high capacity data transport and other Internet protocol (IP)-based services over its fiber-based network. It also offers Internet access, high-speed data (HSD), and local and long distance voice services..