On Tuesday, Scorpio Tankers Inc (NYSE: STNG) opened lower -0.74% from the last session, before settling in for the closing price of $57.92. Price fluctuations for STNG have ranged from $52.68 to $84.67 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 36.86% annually for the last half of the decade. Company’s average yearly earnings per share was noted 5.24% at the time writing. With a float of $48.92 million, this company’s outstanding shares have now reached $53.11 million.
In an organization with 24 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 61.21%, operating margin of 56.85%, and the pretax margin is 52.39%.
Scorpio Tankers Inc (STNG) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Scorpio Tankers Inc is 7.99%, while institutional ownership is 67.12%. The most recent insider transaction that took place on Oct 04 ’24, was worth 18,162,500.
Scorpio Tankers Inc (STNG) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.75 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.63) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.24% per share during the next fiscal year.
Scorpio Tankers Inc (NYSE: STNG) Trading Performance Indicators
Check out the current performance indicators for Scorpio Tankers Inc (STNG). In the past quarter, the stock posted a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22. Likewise, its price to free cash flow for the trailing twelve months is 3.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.96, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 9.50 in one year’s time.
Technical Analysis of Scorpio Tankers Inc (STNG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was better than the volume of 0.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.41%. Additionally, its Average True Range was 1.84.
During the past 100 days, Scorpio Tankers Inc’s (STNG) raw stochastic average was set at 7.39%, which indicates a significant decrease from 17.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.89% in the past 14 days, which was lower than the 29.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.57, while its 200-day Moving Average is $72.20. However, in the short run, Scorpio Tankers Inc’s stock first resistance to watch stands at $58.39. Second resistance stands at $59.29. The third major resistance level sits at $59.96. If the price goes on to break the first support level at $56.82, it is likely to go to the next support level at $56.15. The third support level lies at $55.25 if the price breaches the second support level.
Scorpio Tankers Inc (NYSE: STNG) Key Stats
There are currently 50,525K shares outstanding in the company with a market cap of 3.06 billion. Presently, the company’s annual sales total 1,341 M according to its annual income of 546,900 K. Last quarter, the company’s sales amounted to 267,990 K and its income totaled 158,710 K.
