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Frontline (FRO) in Focus: Stock Moves 5.4% Higher
Frontline Ltd. (FRO - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 42.7% in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Frontline. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Frontline currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 100.00%.
Frontline Ltd. Price
Frontline Ltd. price | Frontline Ltd. Quote
Investors interested in the Transportation - Shipping industry may consider a better-ranked stock like Costamare Inc. (CMRE - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is FRO going up? Or down? Predict to see what others think:Up or Down
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>