Frontline has a market cap of $1.2 billion and is part of the services sector and transportation industry. Shares are down 41.5% year to date as of the close of trading on Friday.
Frontline Ltd., through its subsidiaries, engages in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. It primarily transports crude oil, as well as raw materials, such as coal and iron ore. The company has a P/E ratio of 7.2, below the average transportation industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7.
$14.21 -0.64 | -4.31%
Today's Range: 14.19 - 14.69
Avg. Daily Volume: 1,521,700
07/05/11 - 11:46 AM ET
TheStreet Ratings rates Frontline as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. For the latest updates PRESS CTR + D or visit Stock Market news Today
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