Frontline, Viking, and Golar LNG are the three Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares in companies that transport cargo or passengers by sea, such as cargo-ship owners, tanker operators, and container-shipping firms. Their performance can be sensitive to global trade, shipping rates, fuel costs, and changes in vessel capacity. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.
Frontline (FRO)
Shares of NYSE:FRO traded up $0.76 during midday trading on Friday, reaching $45.46. 5,108,464 shares of the company's stock traded hands, compared to its average volume of 4,249,440. The company has a fifty day simple moving average of $50.85 and a two-hundred day simple moving average of $39.67. Frontline has a 1 year low of $20.47 and a 1 year high of $59.75. The company has a market cap of $10.12 billion, a P/E ratio of 6.81 and a beta of 0.19. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.87 and a current ratio of 1.87.
Read Our Latest Research Report on FRO
Viking (VIK)
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.
NYSE VIK traded up $1.43 on Friday, hitting $87.59. The company had a trading volume of 2,635,062 shares, compared to its average volume of 3,058,493. The company has a market capitalization of $39.04 billion, a PE ratio of 29.10, a PEG ratio of 1.05 and a beta of 1.39. The company's fifty day moving average price is $84.08 and its 200-day moving average price is $85.47. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.81 and a quick ratio of 0.79. Viking has a 12-month low of $56.67 and a 12-month high of $110.09.
Read Our Latest Research Report on VIK
Golar LNG (GLNG)
Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities.
GLNG traded up $0.50 during midday trading on Friday, hitting $43.07. 1,634,744 shares of the company traded hands, compared to its average volume of 1,544,104. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $4.36 billion, a price-to-earnings ratio of 26.92 and a beta of 0.15. Golar LNG has a 52-week low of $35.02 and a 52-week high of $57.79. The business has a 50 day simple moving average of $48.42 and a two-hundred day simple moving average of $49.41.
Read Our Latest Research Report on GLNG
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Frontline, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frontline wasn't on the list.
While Frontline currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
