Separately, Zacks Investment Research upgraded shares of Frontline from a sell rating to a hold rating in a research report on Monday, November 27th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $5.67.
Shares of Frontline (NYSE:FRO) traded down $0.17 during trading hours on Thursday, hitting $4.87. 591,304 shares of the stock traded hands, compared to its average volume of 1,044,880. Frontline has a 12 month low of $4.47 and a 12 month high of $7.34. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a market cap of $6,740.00, a PE ratio of 32.47 and a beta of 1.88.
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