Scorpio Tankers Inc (NYSE: STNG) on Tuesday, plunged -2.61% from the previous trading day ,before settling in for the closing price of $70.82. Within the past 52 weeks, STNG’s price has moved between $40.34 and $74.04.
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Energy Sector giant saw their annual sales surged by 36.86% over the last five years. The company achieved an average annual earnings per share of 19.18%. With a float of $45.56 million, this company’s outstanding shares have now reached $53.11 million.
The firm has a total of 24 workers. Let’s measure their productivity.
Scorpio Tankers Inc (STNG) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Scorpio Tankers Inc is 14.22%, while institutional ownership is 58.07%.
Scorpio Tankers Inc (STNG) Recent Fiscal highlights
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.75 earnings per share (EPS) for the period topping the consensus outlook (set at $2.63) by $0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.18% per share during the next fiscal year.
Scorpio Tankers Inc (NYSE: STNG) Trading Performance Indicators
Scorpio Tankers Inc (STNG) is currently performing well based on its current performance indicators. A quick ratio of 1.12 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 4.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.94, a number that is poised to hit 3.74 in the next quarter and is forecasted to reach 10.64 in one year’s time.
Technical Analysis of Scorpio Tankers Inc (STNG)
Analysing the last 5-days average volume posted by the [Scorpio Tankers Inc, STNG], we can find that recorded value of 0.74 million was lower than the volume posted last year of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 24.69%. Additionally, its Average True Range was 1.83.
During the past 100 days, Scorpio Tankers Inc’s (STNG) raw stochastic average was set at 76.26%, which indicates a significant increase from 6.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.11% in the past 14 days, which was lower than the 32.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.21, while its 200-day Moving Average is $57.61. Now, the first resistance to watch is $70.77. This is followed by the second major resistance level at $72.58. The third major resistance level sits at $73.66. If the price goes on to break the first support level at $67.88, it is likely to go to the next support level at $66.80. Now, if the price goes above the second support level, the third support stands at $64.99.
Scorpio Tankers Inc (NYSE: STNG) Key Stats
Market capitalization of the company is 3.66 billion based on 53,108K outstanding shares. Right now, sales total 1,341 M and income totals 546,900 K. The company made 336,310 K in profit during its latest quarter, and 120,890 K in sales during its previous quarter.
