Frontline Ltd. (symbol: FRO) was one of the biggest winners of the trading
day today (2016-05-31), gaining 10.72%. The number of shares that changed
hands was 3,591,016, or about 3.7 times the average daily volume in the
stock.
The closing price was $8.88, amounting to a market cap of $1,390,000,000,
about -47.92% off the highest price in the last 12 months. The stock has
been trading at a range between $7.4 and $17.05.
FRO is in the Marine Transportation industry, part of the Transportation
sector.
Looking at its valuation, the stock is now trading at 6.89 times earnings.
No comments:
Post a Comment