On Monday, Scorpio Tankers Inc (NYSE: STNG) was 3.52% up from the session before settling in for the closing price of $47.49. A 52-week range for STNG has been $45.94 – $84.67.
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Annual sales at Energy sector company grew by 36.86% over the past five years. When this article was written, the company’s average yearly earnings per share was at 3.37%. With a float of $49.12 million, this company’s outstanding shares have now reached $50.53 million.
Let’s look at the performance matrix of the company that is accounted for 24 employees. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Scorpio Tankers Inc stocks. The insider ownership of Scorpio Tankers Inc is 7.62%, while institutional ownership is 66.81%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 3.37% per share during the next fiscal year.
Scorpio Tankers Inc (NYSE: STNG) Trading Performance Indicators
You can see what Scorpio Tankers Inc (STNG) is doing with its current performance indicators. In the most recent 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 1.91. Likewise, its price to free cash flow for the trailing twelve months is 3.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.96, a number that is poised to hit 1.49 in the next quarter and is forecasted to reach 8.94 in one year’s time.
Technical Analysis of Scorpio Tankers Inc (STNG)
Scorpio Tankers Inc (NYSE: STNG) saw its 5-day average volume 1.12 million, a positive change from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 57.59%. Additionally, its Average True Range was 1.62.
During the past 100 days, Scorpio Tankers Inc’s (STNG) raw stochastic average was set at 10.84%, which indicates a significant decrease from 50.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.25% in the past 14 days, which was higher than the 28.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.08, while its 200-day Moving Average is $69.48. Nevertheless, the first resistance level for the watch stands at $49.87 in the near term. At $50.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.81. If the price goes on to break the first support level at $47.93, it is likely to go to the next support level at $46.69. Assuming the price breaks the second support level, the third support level stands at $45.99.
Scorpio Tankers Inc (NYSE: STNG) Key Stats
There are 50,525K outstanding shares of the company, which has a market capitalization of 2.63 billion. As of now, sales total 1,341 M while income totals 546,900 K. Its latest quarter income was 267,990 K while its last quarter net income were 158,710 K.
