FRO Third Quarter and Nine Months 2023 Results
About 67% of EURN Old's investor base is looking to short. The analysis of current outlook of investing in EURN Old suggests that many traders are alarmed regarding EURN Old's prospects. EURN Old's investing sentiment overview a quick insight into current market opportunities from investing in EURN Old. Many technical investors use EURN Old stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
EURN |
FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023 Frontline plc , today reported unaudited results for the nine months ended September 30, 2023 Highlights Profit of 107.7 million, or 0.48 per basic and diluted share for the third quarter of 2023.Adjusted profit of 80.8 million, or 0.36 per basic and diluted share for the third quarter of 2023.Declared a cash dividend of 0.30 per share for the third quarter of 2023.Reported revenues o
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EURN Old Fundamental Analysis
We analyze EURN Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EURN Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EURN Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
EURN Old is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
EURN Old Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EURN Old stock to make a market-neutral strategy. Peer analysis of EURN Old could also be used in its relative valuation, which is a method of valuing EURN Old by comparing valuation metrics with similar companies.
Peers
EURN Old Related Equities
| FRO | Frontline | 4.83 | ||||
| DHT | DHT Holdings | 0.68 | ||||
| TNK | Teekay Tankers | 0.37 | ||||
| INSW | International Seaways | 1.24 | ||||
| STNG | Scorpio Tankers | 1.25 | ||||
| TRMD | Torm PLC | 1.25 | ||||
| NVGS | Navigator Holdings | 2.96 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in EURN Stock
If you are still planning to invest in EURN Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EURN Old's history and understand the potential risks before investing.
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