Scorpio Tankers Inc (STNG) concluded trading on Thursday at a closing price of $68.04, with 4.07 million shares of worth about $277.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.74% during that period and on Thursday, February 01 price saw a loss of about -3.76%. Currently the company’s common shares owned by public are about 61.26M shares, out of which, 47.02M shares are available for trading.
However, the stock later moved at a day high price of 72.89, or with a loss of -3.76%. Stock saw a price change of -1.03% in past 5 days and over the past one month there was a price change of 8.83%. Year-to-date (YTD), STNG shares are showing a performance of 11.91% which increased to 42.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.34 but also hit the highest price of $72.75 during that period. The average intraday trading volume for Scorpio Tankers Inc shares is 1.17 million. The stock is currently trading 2.86% above its 20-day simple moving average (SMA20), while that difference is up 11.55% for SMA50 and it goes to 28.65% higher than SMA200.
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Scorpio Tankers Inc (NYSE: STNG) currently have 61.26M outstanding shares and institutions hold larger chunk of about 56.03% of that.
The stock has a current market capitalization of $3.74B and its 3Y-monthly beta is at 0.22. PE ratio of stock for trailing 12 months is 5.71, while it has posted earnings per share of $11.92 in the same period. It has Quick Ratio of 0.82 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STNG, volatility over the week remained 5.40% while standing at 3.94% over the month.
Analysts are in expectations that Scorpio Tankers Inc (STNG) stock would likely to be making an EPS of $2.65 in the current quarter, while forecast for next quarter EPS is $2.85 and it is $11.89 for next year. For the current quarter EPS, analysts have given the company a lowest target $2.13 which is $3.09 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $4.24 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -9.63% while it is estimated to increase by 14.65% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on July 21, 2023 offering a Neutral rating for the stock and assigned a target price range of between $60 and $45 to it.
