Frontline Ltd. [FRO] stock is up 0.22 while the S&P 500 has fallen -0.64% on Wednesday, 10/14/20. While at the time of this article, FRO ATR is sitting at 0.29, with the beta value at 0.40. This stock’s volatility for the past week remained at 3.34%, while it was 3.87% for the past 30-day period. FRO has risen $0.02 from the previous closing price of $6.78 on volume of 0.75 million shares.

On 7, October 2020, FRO – Transition of Chief Executive Officer. According to news published on Yahoo Finance, FRO – Transition of Chief Executive Officer .

Analyst Birdseye View:

The most recent analyst activity for Frontline Ltd. [NYSE:FRO] stock was on May 04, 2020, when it was Downgrade with an In-line rating from Evercore ISI. On March 24, 2020, Jefferies Upgrade a Buy rating and plunged its price target on this stock from $12 to $10. On March 09, 2020, DNB Markets Downgrade a Hold rating and increased its price target to $8.75. On October 18, 2019, Evercore ISI Upgrade an Outperform rating and increased its price target to $14. On September 13, 2019, BTIG Research Upgrade a Buy rating. On August 28, 2019, Nordea Upgrade a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.09 and a peak of $13.33. Right now, the middling Wall Street analyst 12-month amount mark is $8.00. At the most recent market close, shares of Frontline Ltd. [NYSE:FRO] were valued at $6.80.

FUNDAMENTAL ANALYSIS

Frontline Ltd. [NYSE:FRO] most recently reported quarterly sales of 883.66 billion, which represented growth of 72.80%. This company’s Gross Margin is currently 48.10%, its Operating Margin is 33.50%, its Pretax Margin is +16.51, and its Net Margin is +30.70. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 3.69, 7.41, 4.33 and 4.52 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 45.42 and the whole liability to whole assets at 35.22. It shows enduring liability to the whole principal at 42.35 and enduring liability to assets at 0.33 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 6.68 points at 1st support level, the second support level is making up to 6.59. But as of 1st resistance point, this stock is sitting at 6.92 and at 7.07 for 2nd resistance point.

Frontline Ltd. [FRO] reported its earnings at $1.05 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.04/share signifying the difference of 0.01 and 1.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.91 calling estimates for $0.95/share with the difference of -0.04 depicting the surprise of -4.20%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Frontline Ltd. [NYSE:FRO] is 0.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.35. Now if looking for a valuation of this stock’s amount to sales ratio it’s 5.51, it’s amount to book ratio is 1.21 and showing 5.15 of P/E (TTM) ratio.