Scorpio Tankers Inc (NYSE: STNG) on Tuesday, soared 3.15% from the previous trading day, before settling in for the closing price of $50.19. Within the past 52 weeks, STNG’s price has moved between $49.16 and $84.67.
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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 4.91%. With a float of $48.91 million, this company’s outstanding shares have now reached $50.53 million.
The firm has a total of 24 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Scorpio Tankers Inc is 8.02%, while institutional ownership is 66.83%. The most recent insider transaction that took place on Nov 26 ’24, was worth 1,276,273. Before that another transaction happened on Oct 04 ’24, when Company’s Officer proposed sale 250,000 for $72.65, making the entire transaction worth $18,162,500.
Scorpio Tankers Inc (STNG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 4.91% 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 2.18 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 2.00. Likewise, its price to free cash flow for the trailing twelve months is 3.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.96, a number that is poised to hit 1.68 in the next quarter and is forecasted to reach 9.44 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 0.85 million was lower than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 19.87%. Additionally, its Average True Range was 1.75.
During the past 100 days, Scorpio Tankers Inc’s (STNG) raw stochastic average was set at 8.97%, which indicates a significant decrease from 35.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.28% in the past 14 days, which was higher than the 28.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.65, while its 200-day Moving Average is $70.79. Now, the first resistance to watch is $52.69. This is followed by the second major resistance level at $53.61. The third major resistance level sits at $55.00. If the price goes on to break the first support level at $50.38, it is likely to go to the next support level at $48.99. Should the price break the second support level, the third support level stands at $48.07.
Scorpio Tankers Inc (NYSE: STNG) Key Stats
Market capitalization of the company is 2.75 billion based on 50,525K outstanding shares. Right now, sales total 1,341 M and income totals 546,900 K. The company made 267,990 K in profit during its latest quarter, and 158,710 K in sales during its previous quarter.
