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Scorpio Tankers Inc (NYSE: STNG) closed the day trading at $69.55 down -1.89% from the previous closing price of $70.89. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.81 million shares were traded. STNG stock price reached its highest trading level at $70.55 during the session, while it also had its lowest trading level at $69.23.
Ratios:
For a better understanding of STNG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on July 21, 2023, Downgraded its rating to Neutral and sets its target price to $45 from $60 previously.
On June 30, 2023, Deutsche Bank Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $55.
On March 08, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $87.JP Morgan initiated its Overweight rating on March 08, 2023, with a $87 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 04 ’24 when Lauro Filippo bought 250,000 shares for $72.65 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STNG now has a Market Capitalization of 3598433792 and an Enterprise Value of 4231240960. As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.46, and their Forward P/E ratio for the next fiscal year is 6.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 3.023 whereas that against EBITDA is 4.648.
Stock Price History:
Over the past 52 weeks, STNG has reached a high of $84.67, while it has fallen to a 52-week low of $52.68. The 50-Day Moving Average of the stock is -2.01%, while the 200-Day Moving Average is calculated to be -3.83%.
Shares Statistics:
Over the past 3-months, STNG traded about 769.77K shares per day on average, while over the past 10 days, STNG traded about 616990 shares per day. A total of 53.11M shares are outstanding, with a floating share count of 45.81M. Insiders hold about 13.85% of the company’s shares, while institutions hold 67.40% stake in the company. Shares short for STNG as of 1727654400 were 3061627 with a Short Ratio of 3.98, compared to 1724976000 on 3357067. Therefore, it implies a Short% of Shares Outstanding of 3061627 and a Short% of Float of 6.41.
Dividends & Splits
STNG’s forward annual dividend rate is 1.55, up from 1.4 a year ago. Against a Trailing Annual Dividend Yield of 0.019748906The stock’s 5-year Average Dividend Yield is 1.92.
