On Monday, Scorpio Tankers Inc (NYSE: STNG) opened lower -3.57% from the last session, before settling in for the closing price of $45.7. Price fluctuations for STNG have ranged from $30.63 to $75.35 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Company’s average yearly earnings per share was noted -43.66% at the time writing. With a float of $44.27 million, this company’s outstanding shares have now reached $49.92 million.
Let’s look at the performance matrix of the company that is accounted for 24 employees. In terms of profitability, gross margin is 53.05%, operating margin of 44.25%, and the pretax margin is 39.18%.
Scorpio Tankers Inc (STNG) Insider Updates
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 13.23%, while institutional ownership is 72.97%. The most recent insider transaction that took place on Jan 17 ’25, was worth 5,282,000. Before that another transaction happened on Jan 16 ’25, when Company’s Director proposed sale 5,000 for $55.14, making the entire transaction worth $275,725.
Scorpio Tankers Inc (STNG) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.75 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.88) by -0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -43.66% 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 2.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 3.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.05, a number that is poised to hit 1.29 in the next quarter and is forecasted to reach 6.14 in one year’s time.
Technical Analysis of Scorpio Tankers Inc (STNG)
Scorpio Tankers Inc (NYSE: STNG) saw its 5-day average volume 0.99 million, a negative change from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 29.05%.
During the past 100 days, Scorpio Tankers Inc’s (STNG) raw stochastic average was set at 71.45%, which indicates a significant increase from 11.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.73 in the past 14 days, which was higher than the 1.57 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.06, while its 200-day Moving Average is $44.97. Nevertheless, the first resistance level for the watch stands at $45.43 in the near term. At $46.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $47.61. If the price goes on to break the first support level at $43.25, it is likely to go to the next support level at $42.42. Assuming the price breaks the second support level, the third support level stands at $41.07.
Scorpio Tankers Inc (NYSE: STNG) Key Stats
There are currently 51,016K shares outstanding in the company with a market cap of 2.25 billion. Presently, the company’s annual sales total 1,244 M according to its annual income of 668,770 K. Last quarter, the company’s sales amounted to 230,230 K and its income totaled 73,510 K.
