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In the latest session, Frontline Plc (NYSE: FRO) closed at $16.00 down -5.04% from its previous closing price of $16.85. In other words, the price has decreased by -$5.04 from its previous closing price. On the day, 3.59 million shares were traded. FRO stock price reached its highest trading level at $16.8 during the session, while it also had its lowest trading level at $15.98.
Ratios:
For a deeper understanding of Frontline Plc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.44.
On October 07, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $30.
Jefferies Upgraded its Hold to Buy on March 21, 2024, whereas the target price for the stock was revised from $22 to $30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FRO now has a Market Capitalization of 3561968128 and an Enterprise Value of 7514365440. As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 6.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 3.901 whereas that against EBITDA is 8.024.
Stock Price History:
The Beta on a monthly basis for FRO is 0.06, which has changed by -0.2815447 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, FRO has reached a high of $29.39, while it has fallen to a 52-week low of $13.17. The 50-Day Moving Average of the stock is -2.34%, while the 200-Day Moving Average is calculated to be -27.52%.
Shares Statistics:
For the past three months, FRO has traded an average of 3.26M shares per day and 5259230 over the past ten days. A total of 222.62M shares are outstanding, with a floating share count of 143.05M. Insiders hold about 35.74% of the company’s shares, while institutions hold 25.10% stake in the company. Shares short for FRO as of 1731628800 were 7137801 with a Short Ratio of 1.86, compared to 1728950400 on 7171658. Therefore, it implies a Short% of Shares Outstanding of 7137801 and a Short% of Float of 4.99.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 11.48. The current Payout Ratio is 97.33% for FRO, which recently paid a dividend on 2024-09-13 with an ex-dividend date of 1726185600. Stock splits for the company last occurred on 2016-02-03 when the company split stock in a 1:5 ratio.
