Trading stocks at an all time low is not easy.
Several research firms have recently weighed in on STNG. Finally, Morgan Stanley reaffirmed an "equal weight" rating on shares of Scorpio Tankers in a research report on Wednesday, February 15th. Scorpio Tankers Inc. had 17 analyst reports since July 21, 2015 according to SRatingsIntel. Bowling Portfolio Management LLC raised its position in shares of Scorpio Tankers by 470.7% in the fourth quarter.
TRADEMARK VIOLATION WARNING: "Scorpio Tankers' (STNG) Buy Rating Reiterated at Stifel Nicolaus" was first posted by Sports Perspectives and is owned by of Sports Perspectives.
Now let's see the recent and past performance, we came to know different up or down moving trends about STNG.
Investors and Traders continue to monitor technical levels of shares of Scorpio Tankers Inc. The share last price represents downtick move of -39.73% in value from company's 52-Week high price and shows 3.14% above change in value from its 52-Week low price.
Among 9 analysts covering Scorpio Tankers Inc. American International Group Inc. now owns 100,667 shares of the shipping company's stock valued at $447,000 after buying an additional 6,647 shares during the period. Jane Street Group LLC purchased a new position in Scorpio Tankers during the first quarter valued at $129,000. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell".
Scorpio Tankers (NASDAQ STNG) remained flat at $3.61 during midday trading on Friday.
The stock has a Return on Assets of -2 percent, Return on Investment of 2.4 percent and a Return on Equity of -4.8 percent. Scorpio Tankers Inc. The firm has a 50 day moving average of $4.12 and a 200-day moving average of $4.20. Royce & Associates LP now owns 1,353,326 shares of the shipping company's stock worth $6,131,000 after buying an additional 145,000 shares in the last quarter. (NASDAQ:STNG) during the first quarter, Holdings Channel reports. Scorpio Tankers has a 12 month low of $3.50 and a 12 month high of $5.99. The stock closing price is now trading downward to its 50 day moving average with change of -13.52%, tumbled to its 20 day moving average with figure of -10.32% and behind its 200 day moving average with value -16.40%. (STNG) have 233.27 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. (NYSE:STNG) to report earnings on July, 27.
The Average Earnings Estimate for the Current Fiscal quarter is $-0.06 per share, according to consensus of 9 analysts. The institutional investor held 3.20 million shares of the marine transportation company at the end of 2016Q4, valued at $14.50M, down from 3.46 million at the end of the previous reported quarter. The stock's quarterly performance indicates a Negative momentum of -9.55 percent, whereas its last one month trend is Pessimistic with -16.67 percent. After $-0.07 actual earnings per share reported by Scorpio Tankers Inc. for the previous quarter, Wall Street now forecasts -42.86 % EPS growth.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 14th. Outfitter Advisors invested in 8,530 shares or 0.19% of the stock. The ex-dividend date is Tuesday, May 9th. The stock's Dividend Yield stands at 1.11%.
Scorpio Tankers Inc (Scorpio Tankers) is engaged in the seaborne transportation of refined petroleum products in the global shipping markets. The Firm operates through four divisions: Handymax, MR, LR1/Panamax and LR2. As of March 15, 2017, the Company's fleet consisted of 78 owned tankers (22 LR2, 14 Handymax and 42 MR) with a weighted average age of approximately 2.3 years, and 19 time or bareboat chartered-in tankers, which it operated (one LR2, one LR1, eight MR and nine Handymax) (collectively referred to as its Operating Fleet).