In trading on Thursday, shares of Frontline Ltd (Symbol: FRO) crossed below their 200 day moving average of $9.37, changing hands as low as $8.51 per share. Frontline Ltd shares are currently trading off about 15% on the day. The chart below shows the one year performance of FRO shares, versus its 200 day moving average:
Looking at the chart above, FRO's low point in its 52 week range is $6.085 per share, with $13.33 as the 52 week high point — that compares with a last trade of $7.89.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.