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Frontline (FRO) Looks Good: Stock Adds 11.3% in Session

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Frontline Ltd. (FRO - Free Report) was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 5.5% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Frontline currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Frontline Ltd. Price

A better-ranked stock in the Transportation - Shipping industry is Danaos Corporation (DAC - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Is FRO going up? Or down? Predict to see what others think: Up or Down

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