Let’s start up with the current stock price of Frontline Ltd. (FRO), which is $8.79 to be very precise. The Stock rose vividly during the last session to $8.835 after opening rate of $8.55 while the lowest price it went was recorded $8.55 before closing at $8.54.
Recently in News on May 27, 2021, FRO – Q1 2021 Presentation. Please find enclosed the presentation of Frontline Ltd.’s first quarter 2021 results to be held on the webcast / conference call 27 May, 2021 at 15:00 CET. You can read further details here
Frontline Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.99 on 05/24/21, with the lowest value was $5.72 for the same time period, recorded on 01/29/21.
Frontline Ltd. (FRO) full year performance was 6.67%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Frontline Ltd. shares are logging -2.22% during the 52-week period from high price, and 66.48% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.28 and $8.99.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1388131 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Frontline Ltd. (FRO) recorded performance in the market was 41.32%, having the revenues showcasing 13.42% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.75B, as it employees total of 84 workers.
Analysts verdict on Frontline Ltd. (FRO)
During the last month, 0 analysts gave the Frontline Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.41, with a change in the price was noted +2.50. In a similar fashion, Frontline Ltd. posted a movement of +39.75% for the period of last 100 days, recording 2,019,032 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FRO is recording 1.33 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.22.
Frontline Ltd. (FRO): Technical Analysis
Raw Stochastic average of Frontline Ltd. in the period of last 50 days is set at 91.60%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.34%. In the last 20 days, the company’s Stochastic %K was 71.80% and its Stochastic %D was recorded 66.93%.
Let’s take a glance in the erstwhile performances of Frontline Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 41.32%. Additionally, trading for the stock in the period of the last six months notably improved by 34.61%, alongside a boost of 6.67% for the period of the last 12 months. The shares increased approximately by 4.27% in the 7-day charts and went down by 10.84% in the period of the last 30 days. Common stock shares were driven by 13.42% during last recorded quarter.