Frontline Ltd. (NYSE: FRO) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 5.35% on the day to $24.34.
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.
So far today, approximately 1.08M shares of Frontline Ltd. have been exchanged, as compared to an average 30-day volume of 1.78M shares.
Frontline Ltd. share prices have moved between a 52-week high of $24.67 and a 52-week low of $13.35. The stock has moved -3.43% over the past week.
To learn more about Frontline Ltd., visit the company’s website at https://www.frontline.bm.
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