Find Out How Scorpio Tankers Inc. (STNG) Insiders Are Trading Their Stock?

At the last check on Friday, Scorpio Tankers Inc.’s (NYSE:STNG) stock was up $1.53, moving up 5.93 percent to $27.33. The average number of shares traded per day over the past five days has been 1,225,436 shares. 4 times new highs have been achieved over the past 5 days, with a $0.69 gain in that time frame. In the last twenty days, the average volume was 1,284,659, while in the previous 50 days, it was 1,128,634.

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Since last month, STNG stock rose 16.64%. Shares of the company fell to $19.65 on 04/25/22, the lowest level in the past month. A 52-week high of $27.90 was reached on 05/13/22 after having rallying from a 52-week low of $11.02. Since the beginning of this year, STNG’s stock price has risen by 101.41% or $14.60, and marked a new high 31 times. However, the stock has declined by -2.04% since its 52-week high.

Valuation Metrics

The stock’s beta is 0.54. Besides these, the trailing price-to-sales (P/S) ratio of 2.60, the price-to-book (PB) ratio of 0.82, and the price-to-cash flow ratio of 26.29 may also be considered.

The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10. On Wednesday February 13 2019, a $0.00 dividend increase was announced.

Financial Health

In the three months ended March 30, Scorpio Tankers Inc.’s quick ratio stood at 1.10, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.36, and the total debt-to-equity ratio was 1.67. On the profitability front, the trailing twelve-month gross margin is 42.10% percent. In the year ended March 30, operating margins totaled -19.70%. Based on annual data, STNG earned $202.49 million in gross profit and brought in $540.79 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -2.00%. Return on equity (ROE) for the past 12 months was -13.80%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. STNG’s revenue fell -69.36% during the quarter, while net income inched up to $540.79 million. While analysts expected Scorpio Tankers Inc. to report -$0.66 quarterly earnings, the actual figure was -$0.27 per share, beating the consensus estimate by 59.10%. During the quarter, the company generated $13.3 million in EBITDA. The liabilities of Scorpio Tankers Inc. were 2.97 billion at the end of its most recent quarter ended March 30, and its total debt was $2.92 billion.

Technical Picture

This quick technical analysis looks at Scorpio Tankers Inc.’s (STNG) price momentum. With a historical volatility rate of 78.32%, the RSI 9-day stood at 66.58% on 12 May.

With respect to its five-day moving average, the current Scorpio Tankers Inc. price is up by +2.56% percent or $0.69. At present, STNG shares trade +20.73% above its 20-day simple moving average and +122.62% percent above its 100-day simple moving average. However, the stock is currently trading approximately +47.02% above its SMA50 and +64.10% above its SMA200.

Stochastic coefficient K was 81.37% and Stochastic coefficient D was 75.78%, while ATR was 1.72. Given the Stochastic reading of 88.60% for the 14-day period, the RSI (14) reading has been calculated as 66.51%. As of today, the MACD Oscillator reading stands at 0.35, while the 14-day reading stands at 1.05.

With a median target price of $31.00, the current consensus forecast for the stock is $10.50 – $41.00. Based on these forecasts, analysts predict Scorpio Tankers Inc. (STNG) will achieve an average price target of $30.04.


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