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In the latest session, Scorpio Tankers Inc (NYSE: STNG) closed at $72.75 down -0.94% from its previous closing price of $73.44. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 0.81 million shares were traded. STNG stock price reached its highest trading level at $74.48 during the session, while it also had its lowest trading level at $72.56.
Ratios:
For a deeper understanding of Scorpio Tankers Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.81. 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.
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 3905176320 and an Enterprise Value of 4391062016. As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.72, and their Forward P/E ratio for the next fiscal year is 6.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 3.138 whereas that against EBITDA is 4.824.
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 $47.88. The 50-Day Moving Average of the stock is -6.05%, while the 200-Day Moving Average is calculated to be 4.38%.
Shares Statistics:
For the past three months, STNG has traded an average of 787.45K shares per day and 701180 over the past ten days. A total of 53.11M shares are outstanding, with a floating share count of 47.02M. Insiders hold about 13.85% of the company’s shares, while institutions hold 67.47% stake in the company. Shares short for STNG as of 1722384000 were 2738600 with a Short Ratio of 3.48, compared to 1719532800 on 1646710. Therefore, it implies a Short% of Shares Outstanding of 2738600 and a Short% of Float of 5.46.
Dividends & Splits
According to the company, the forward annual dividend rate for STNG is 1.55, from 1.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.01906318The stock’s 5-year Average Dividend Yield is 1.9.
