Frontline Ltd. (FRO): Today's Featured Transportation Winner

Frontline ( FRO) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 0.5%. By the end of trading, Frontline rose 11 cents (1.7%) to $6.55 on light volume. Throughout the day, 1.2 million shares of Frontline exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $6.46-$6.73 after having opened the day at $6.48 as compared to the previous trading day's close of $6.44. Other companies within the Transportation industry that increased today were: YRC Worldwide ( YRCW), up 11.8%, Excel Maritime Carriers ( EXM), up 7.5%, Danaos Corporation ( DAC), up 6.8%, and Saia ( SAIA), up 4.5%.

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; and raw materials, such as coal and iron ore. The company's OBO carriers transport dry cargo. Frontline has a market cap of $524.8 million and is part of the services sector. The company has a P/E ratio of 1.5, below the S&P 500 P/E ratio of 17.7. Shares are down 86% year to date as of the close of trading on Friday. Currently there is one analyst that rates Frontline a buy, two analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Frontline as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the negative front, Seanergy Maritime Holdings ( SHIP), down 6%, Arkansas Best Corporation ( ABFS), down 5.7%, Eagle Bulk Shipping ( EGLE), down 5.2%, and Sino-Global Shipping America ( SINO), down 4.6%, were all losers within the transportation industry with Norfolk Southern Corporation ( NSC) being today's transportation industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).
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