A new trading day began on Tuesday, with Frontline Plc (NYSE: FRO) stock price down -2.93% from the previous day of trading, before settling in for the closing price of $21.88. FRO’s price has ranged from $18.34 to $29.39 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 27.77% over the last five years. Meanwhile, its annual earnings per share averaged 1.31%. With a float of $143.15 million, this company’s outstanding shares have now reached $222.62 million.
The firm has a total of 88 workers. Let’s measure their productivity. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Frontline Plc is 35.70%, while institutional ownership is 26.19%.
Frontline Plc (FRO) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.36 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.31% per share during the next fiscal year.
Frontline Plc (NYSE: FRO) Trading Performance Indicators
Here are Frontline Plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.67, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 3.34 in one year’s time.
Technical Analysis of Frontline Plc (FRO)
Analysing the last 5-days average volume posted by the [Frontline Plc, FRO], we can find that recorded value of 2.05 million was better than the volume posted last year of 1.81 million. As of the previous 9 days, the stock’s Stochastic %D was 6.16%. Additionally, its Average True Range was 0.77.
During the past 100 days, Frontline Plc’s (FRO) raw stochastic average was set at 0.26%, which indicates a significant decrease from 0.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.54% in the past 14 days, which was higher than the 41.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.30, while its 200-day Moving Average is $23.89. Now, the first resistance to watch is $21.55. This is followed by the second major resistance level at $21.87. The third major resistance level sits at $22.03. If the price goes on to break the first support level at $21.07, it is likely to go to the next support level at $20.91. Now, if the price goes above the second support level, the third support stands at $20.59.
Frontline Plc (NYSE: FRO) Key Stats
With a market capitalization of 4.73 billion, the company has a total of 222,623K Shares Outstanding. Currently, annual sales are 1,826 M while annual income is 656,410 K. The company’s previous quarter sales were 607,510 K while its latest quarter income was 187,570 K.
