In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Frontline Plc (NYSE: FRO) closed the day trading at $23.20 down -4.37% from the previous closing price of $24.26. In other words, the price has decreased by -$4.37 from its previous closing price. On the day, 2.07 million shares were traded. FRO stock price reached its highest trading level at $23.775 during the session, while it also had its lowest trading level at $23.19.
Ratios:
For a better understanding of FRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 1.59 whereas as Long-Term Debt/Eq ratio is at 1.40.
On March 21, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $22 to $30.
Deutsche Bank Upgraded its Hold to Buy on January 09, 2024, whereas the target price for the stock was revised from $17 to $26.
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 5400820736 and an Enterprise Value of 8656420864. As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.69, and their Forward P/E ratio for the next fiscal year is 6.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 4.493 whereas that against EBITDA is 9.243.
Stock Price History:
Over the past 52 weeks, FRO has reached a high of $29.39, while it has fallen to a 52-week low of $18.34. The 50-Day Moving Average of the stock is -0.96%, while the 200-Day Moving Average is calculated to be -2.75%.
Shares Statistics:
Over the past 3-months, FRO traded about 1.65M shares per day on average, while over the past 10 days, FRO traded about 2006480 shares per day. 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 26.14% stake in the company. Shares short for FRO as of 1727654400 were 8707355 with a Short Ratio of 5.28, compared to 1724976000 on 7213964. Therefore, it implies a Short% of Shares Outstanding of 8707355 and a Short% of Float of 6.0900003.
Dividends & Splits
FRO’s forward annual dividend rate is 1.91, up from 1.91 a year ago. Against a Trailing Annual Dividend Yield of 0.07873042The stock’s 5-year Average Dividend Yield is 11.48.
