Frontline Shares Gap Down Time to Sell?
| FRO Stock | USD 16.18 0.60 3.58% |
About 61% of Frontline's investor base is looking to short. The current sentiment of investing in Frontline suggests that many traders are alarmed. Frontline's investing sentiment overview a quick insight into current market opportunities from investing in Frontline. Many technical investors use Frontline stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Frontline |
Shares of Frontline plc gapped down before the market opened on Wednesday . The stock had previously closed at 21.24, but opened at 20.25. Frontline shares last traded at 20.32, with a volume of 834,470 shares trading hands. Wall Street Analyst Weigh In FRO has been the topic of several
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Frontline Fundamental Analysis
We analyze Frontline's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Frontline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Frontline 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.
Price To Sales
Price To Sales Comparative Analysis
Frontline is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Frontline 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 Frontline stock to make a market-neutral strategy. Peer analysis of Frontline could also be used in its relative valuation, which is a method of valuing Frontline by comparing valuation metrics with similar companies.
Peers
Frontline Related Equities
| STNG | Scorpio Tankers | 0.06 |
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| INSW | International Seaways | 1.56 |
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| TNK | Teekay Tankers | 1.59 |
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| DHT | DHT Holdings | 2.18 |
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Check out Frontline Hype Analysis, Frontline Correlation and Frontline Performance. To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontline. If investors know Frontline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 2.46 | Revenue Per Share 8.654 | Quarterly Revenue Growth 0.084 | Return On Assets 0.0746 |
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontline's market value can be influenced by many factors that don't directly affect Frontline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.