Frontline Plc (NYSE: FRO) on Tuesday, plunged -1.49% from the previous trading day, before settling in for the closing price of $18.12. Within the past 52 weeks, FRO’s price has moved between $12.40 and $28.00.
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Energy Sector giant saw their annual sales surged by 17.19% over the last five years. The company achieved an average annual earnings per share of -6.50%. With a float of $143.15 million, this company’s outstanding shares have now reached $222.62 million.
The firm has a total of 85 workers. Let’s measure their productivity. In terms of profitability, gross margin is 38.47%, operating margin of 36.04%, and the pretax margin is 24.49%.
Frontline Plc (FRO) Insider Activity
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Frontline Plc is 35.70%, while institutional ownership is 25.55%.
Frontline Plc (FRO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -6.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.10% during the next five years compared to 22.52% growth over the previous five years of trading.
Frontline Plc (NYSE: FRO) Trading Performance Indicators
Frontline Plc (FRO) is currently performing well based on its current performance indicators. A quick ratio of 1.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09. Likewise, its price to free cash flow for the trailing twelve months is 5.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.56, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 3.05 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 2.54 million was lower than the volume posted last year of 3.25 million. As of the previous 9 days, the stock’s Stochastic %D was 51.83%. Additionally, its Average True Range was 0.66.
During the past 100 days, Frontline Plc’s (FRO) raw stochastic average was set at 81.59%, which indicates a significant increase from 39.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.39% in the past 14 days, which was lower than the 59.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.36, while its 200-day Moving Average is $18.29. Now, the first resistance to watch is $18.11. This is followed by the second major resistance level at $18.37. The third major resistance level sits at $18.74. If the price goes on to break the first support level at $17.49, it is likely to go to the next support level at $17.12. Should the price break the second support level, the third support level stands at $16.86.
Frontline Plc (NYSE: FRO) Key Stats
Market capitalization of the company is 3.97 billion based on 222,623K outstanding shares. Right now, sales total 2,163 M and income totals 495,580 K. The company made 428,090 K in profit during its latest quarter, and 33,290 K in sales during its previous quarter.
