On Tuesday, Frontline Plc (NYSE: FRO) opened lower -1.93% from the last session, before settling in for the closing price of $22.23. Price fluctuations for FRO have ranged from $15.94 to $29.39 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 27.77%. Company’s average yearly earnings per share was noted 6.19% at the time writing. With a float of $143.15 million, this company’s outstanding shares have now reached $222.62 million.
Let’s determine the extent of company efficiency that accounts for 88 employees. In terms of profitability, gross margin is 37.47%, operating margin of 34.56%, and the pretax margin is 31.07%.
Frontline Plc (FRO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Frontline Plc is 35.70%, while institutional ownership is 32.50%.
Frontline Plc (FRO) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.36 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.45) by -0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.19% per share during the next fiscal year.
Frontline Plc (NYSE: FRO) Trading Performance Indicators
Check out the current performance indicators for Frontline Plc (FRO). In the past quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.67, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 3.74 in one year’s time.
Technical Analysis of Frontline Plc (FRO)
Looking closely at Frontline Plc (NYSE: FRO), its last 5-days average volume was 1.97 million, which is a jump from its year-to-date volume of 1.77 million. As of the previous 9 days, the stock’s Stochastic %D was 7.88%. Additionally, its Average True Range was 0.71.
During the past 100 days, Frontline Plc’s (FRO) raw stochastic average was set at 3.13%, which indicates a significant decrease from 7.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.18% in the past 14 days, which was lower than the 36.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.77, while its 200-day Moving Average is $23.48. However, in the short run, Frontline Plc’s stock first resistance to watch stands at $22.31. Second resistance stands at $22.82. The third major resistance level sits at $23.19. If the price goes on to break the first support level at $21.42, it is likely to go to the next support level at $21.05. Now, if the price goes above the second support level, the third support stands at $20.54.
Frontline Plc (NYSE: FRO) Key Stats
There are currently 222,623K shares outstanding in the company with a market cap of 4.85 billion. Presently, the company’s annual sales total 1,826 M according to its annual income of 656,410 K. Last quarter, the company’s sales amounted to 607,510 K and its income totaled 187,570 K.
