On 1/7/25, Frontline plc (NYSE: FRO) stock enjoyed a major increase of 11.4%, closing at $15.90. Moreover, this advance was accompanied by exceptionally high trading volume at 284% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 13.6% during the last week.
Current PriceTarget Research Rating
Frontline plc has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Frontline plc has a very high Appreciation Score of 89 but a very low Power Rating of 1, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment