Frontline Plc (FRO) concluded trading on Thursday at a closing price of $15.31, with 3.54 million shares of worth about $54.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.63% during that period and on February 27, 2025 the price saw a loss of about -4.13%. Currently the company’s common shares owned by public are about 222.62M shares, out of which, 143.15M shares are available for trading.
Stock saw a price change of -8.65% in past 5 days and over the past one month there was a price change of -6.70%. Year-to-date (YTD), FRO shares are showing a performance of 7.89% which decreased to -33.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.17 but also hit the highest price of $29.39 during that period. The average intraday trading volume for Frontline Plc shares is 3.54 million. The stock is currently trading -11.27% below its 20-day simple moving average (SMA20), while that difference is down -5.46% for SMA50 and it goes to -28.11% lower than SMA200.
Frontline Plc (NYSE: FRO) currently have 222.62M outstanding shares and institutions hold larger chunk of about 23.78% of that.
The stock has a current market capitalization of $3.41B and its 3Y-monthly beta is at 0.02. PE ratio of stock for trailing 12 months is 6.23, while it has posted earnings per share of $2.46 in the same period. Its PEG reads 1.73 and has Quick Ratio of 1.43 while making debt-to-equity ratio of 1.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FRO, volatility over the week remained 3.32% while standing at 3.59% over the month.
Stock’s fiscal year EPS is expected to drop by -27.17% while it is estimated to increase by 14.76% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Kepler on December 12, 2024 offering a Hold rating for the stock and assigned a target price of $15.83 to it. Coverage by BTIG Research stated Frontline Plc (FRO) stock as a Buy in their note to investors on October 07, 2024, suggesting a price target of $30 for the stock. On March 21, 2024, Jefferies Upgrade their recommendations, while on January 09, 2024, Deutsche Bank Upgrade their ratings for the stock with a price target of $26. Stock get a Hold rating from Deutsche Bank on August 25, 2023.
