NEW YORK (

TheStreet

) --

Frontline

(NYSE:

FRO

) hit a new 52-week low Friday as it is currently trading at $6.39, below its previous 52-week low of $6.44 with 616,372 shares traded as of 10:46 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Frontline has a market cap of $525.5 million and is part of the

services

sector and

transportation

industry. Shares are down 74.4% year to date as of the close of trading on Thursday.

Frontline Ltd., through its subsidiaries, engages in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. It primarily transports crude oil, as well as raw materials, such as coal and iron ore. The company has a P/E ratio of 3.3, below the average transportation industry P/E ratio of 5.4 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Frontline as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full

Frontline Ratings Report

.

See all

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.

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