By Mill Chart
Last update: Sep 28, 2023
In this article we will dive into FRONTLINE PLC (NYSE:FRO) as a possible candidate for growth investing. Investors should always do their own research, but we noticed FRONTLINE PLC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.
ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.
Taking everything into account, FRO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRO is showing a nice and steady performance.
For an up to date full technical analysis you can check the technical report of FRO
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
Taking everything into account, FRO scores 6 out of 10 in our fundamental rating. FRO was compared to 217 industry peers in the Oil, Gas & Consumable Fuels industry. FRO has a medium profitability rating, but doesn't score so well on its financial health evaluation. FRO is growing strongly while it also seems undervalued. This is an interesting combination FRO also has an excellent dividend rating.
For an up to date full fundamental analysis you can check the fundamental report of FRO
Our CANSLIM screen will find you more ideas suited for growth investing.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
NYSE:FRO (12/8/2023, 7:04:00 PM)After market: 19.14 -0.2 (-1.03%)
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