Frontline PLC Stock Price Down 3 percent on Nov 26
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 fell 3.00 percent in mid-day trading on Nov 26. The stock reached an intraday low of 18.46, before recovering slightly to 18.46, do
Read at gurufocus.com
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.
Market Capitalization
Market Capitalization Comparative Analysis
Frontline is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
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 |
| ||
INSW | International Seaways | 1.56 |
| ||
TNK | Teekay Tankers | 1.59 |
| ||
DHT | DHT Holdings | 2.18 |
|
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.