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What is the Market's View on Frontline Ltd (FRO) Stock's Price and Volume Trends Monday?

Monday, December 05, 2022 10:06 AM | InvestorsObserver Analysts

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What is the Market's View on Frontline Ltd (FRO) Stock's Price and Volume Trends Monday?

The market has been high on Frontline Ltd (FRO) stock recently. FRO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With FRO Stock Today?

Frontline Ltd (FRO) stock is higher by 0.49% while the S&P 500 has fallen -0.99% as of 10:01 AM on Monday, Dec 5. FRO is up $0.07 from the previous closing price of $14.42 on volume of 1,053,946 shares. Over the past year the S&P 500 is lower by -12.20% while FRO is up 110.30%. FRO earned $1.17 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.38. 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. Click Here to get the full Stock Report for Frontline Ltd stock.

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