(VIANEWS) – Shares of FRONTLINE (Oslo Børs All-share Index_GI: FRO.OL) jumped by a staggering 31.6% in 21 sessions from $117.4 to $154.50 at 13:39 EST on Monday, following the last session’s downward trend. Oslo Børs All-share Index_GI is falling 0.89% to $1,365.78, after consecutive sessions in a row of losses.
About FRONTLINE
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, FRONTLINE has a trailing twelve months EPS of $17.33.
PE Ratio
FRONTLINE has a trailing twelve months price to earnings ratio of 8.92. Meaning,
the purchaser of the share is investing $8.92 for every dollar of annual earnings.
Volume
Today’s last reported volume for FRONTLINE is 1335357 which is 12.79% above its average volume of 1183920.
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