By Mill Chart
Last update: Jan 11, 2024
For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether FRONTLINE PLC (NYSE:FRO) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but FRONTLINE PLC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.
ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:FRO scores a 9 out of 10:
ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:FRO scores a 5 out of 10:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:FRO scores a 7 out of 10:
ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:FRO is 7:
Although FRO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
Our Strong Growth screener lists more Strong Growth stocks and is updated daily.
Check the latest full fundamental report of FRO for a complete fundamental analysis.
Our latest full technical report of FRO contains the most current technical analsysis.
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.
FRONTLINE PLC
NYSE:FRO (4/23/2024, 7:04:00 PM)
After market: 23.41 0 (0%)23.41
+0.52 (+2.27%)
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