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The price of Frontline Plc (NYSE: FRO) closed at $17.55 in the last session, up 0.40% from day before closing price of $17.48. In other words, the price has increased by $0.40 from its previous closing price. On the day, 2.03 million shares were traded.
Ratios:
We take a closer look at FRO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.44.
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:
As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.23, and their Forward P/E ratio for the next fiscal year is 5.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 1.68.
Stock Price History:
Over the past 52 weeks, FRO has reached a high of $26.75, while it has fallen to a 52-week low of $12.40. The 50-Day Moving Average of the stock is 5.88%, while the 200-Day Moving Average is calculated to be -3.13%.
Shares Statistics:
A total of 222.62M shares are outstanding, with a floating share count of 143.15M. Insiders hold about 35.70% of the company’s shares, while institutions hold 25.49% stake in the company.
