) was a big mover last session, as the company saw its shares rise
by nearly 10% on the day. The move came on solid volume too with
far more shares changing hands than in a normal session. This
continues the most recent uptrend for the company, as the stock is
now up almost 28% since Nov 26.
The company has seen 2 positive revisions in the past one month.
Also, the Zacks Consensus Estimate, currently pegged at a loss, has
narrowed over the same time frame, 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 Friday's jump can turn into
more strength down the road.
Frontline currently has a Zacks Rank #3 (Hold) while its
Some better-ranked shipping stocks include
Baltic Trading Limited
Diana Containerships Inc.
Genco Shipping & Trading Ltd.
). All these stocks carry a Zacks Rank #2 (Buy).
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BALTIC TRAD LTD (BALT): Free Stock Analysis
DIANA CONTAINER (DCIX): Free Stock Analysis
FRONTLINE LTD (FRO): Free Stock Analysis Report
GENCO SHPG&TRDG (GNK): Free Stock Analysis
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