Tag: FRO

Analysts believe FRO and NAUH are undervalued

Frontline is a shipping company which engages in the ownership and operation of oil tankers. With the advent of oversupply of oil around the globe, and oil prices hitting rock bottom, analysts expect oil tankers’ prices to increase.

FRO – Frontline Ltd
Fundamentals Previously closed at 8.19
Day’s high 8.5
Day’s low 7.93
P/E ratio 11.26
EPS 0.73


Analyst opinion Frontline has a 52-week high of 85.25 and sound fundamentals compared to most of its competitors.
Sentiments FRO has sound fundamentals with a PEG ratio of 0.99, P/S of 2.58, P/B of 1.41 and Quick ratio and current ratios at 1.40. The only concerns would be its Debt-Equity ratio which is at 2.41.
With many Analysts giving a recent rating of “Buy” and zero “Sell” ratings, the sentiment for the stock remains positive.
While the Crude oil prices continue to fall, huge oil production requires oil tankers which act as inventories. Analysts believe the sentiment for the stock will rise.
Social pulse The social media pulse is 4% lower than normal.

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