Scorpio Tankers Inc (NYSE: STNG) Not A Good Play Anymore?

Scorpio Tankers Inc (STNG) concluded trading on Thursday at a closing price of $35.33, with 0.48 million shares of worth about $17.03 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.03% during that period and on April 17, 2025 the price saw a gain of about 3.52%. Currently the company’s common shares owned by public are about 49.92M shares, out of which, 49.90M shares are available for trading.

Stock saw a price change of 6.13% in past 5 days and over the past one month there was a price change of -14.95%. Year-to-date (YTD), STNG shares are showing a performance of -28.90% which decreased to -50.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.63 but also hit the highest price of $84.67 during that period. The average intraday trading volume for Scorpio Tankers Inc shares is 1.07 million. The stock is currently trading -2.29% below its 20-day simple moving average (SMA20), while that difference is down -10.81% for SMA50 and it goes to -37.93% lower than SMA200.

Scorpio Tankers Inc (NYSE: STNG) currently have 49.92M outstanding shares and institutions hold larger chunk of about 73.32% of that.

The stock has a current market capitalization of $1.76B and its 3Y-monthly beta is at -0.07. PE ratio of stock for trailing 12 months is 2.71, while it has posted earnings per share of $13.05 in the same period. It has Quick Ratio of 2.39 while making debt-to-equity ratio of 0.30. 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 4.18% while standing at 5.02% over the month.

Stock’s fiscal year EPS is expected to drop by -43.76% while it is estimated to increase by 16.76% 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 Stifel on October 23, 2024 offering a Hold rating for the stock and assigned a target price range of between $90 and $65 to it. Coverage by BofA Securities stated Scorpio Tankers Inc (STNG) stock as a Neutral in their note to investors on July 21, 2023, suggesting a price target of $45 for the stock. On June 30, 2023, Deutsche Bank Upgrade their recommendations, while on March 08, 2023, JP Morgan Initiated their ratings for the stock with a price target of $87. Stock get a Hold rating from Deutsche Bank on October 11, 2022.

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