The market has been high on Frontline Ltd (FRO) stock recently. FRO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Frontline Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FRO!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With FRO Stock Today?
Frontline Ltd (FRO) stock is flat 0% while the S&P 500 is down -0.02% as of 4:00 PM on Wednesday, Aug 17. FRO is flat $0.00 from the previous closing price of $12.22 on volume of 80,128 shares. Over the past year the S&P 500 is lower by -3.94% while FRO has gained 63.15%. FRO lost -$0.05 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Frontline Ltd click here.
More About Frontline Ltd
Frontline Ltd is a shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.
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