Stock price performance of Scorpio Tankers Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -6.73% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -27.48% . Looking at the past 52 week period, the stock price is down -32.29% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Scorpio Tankers Inc. has a negative value of -22.3 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 13.95% and the 50-Day Moving Average is 11.82%.The 200 Day SMA reached 17.44%
Scorpio Tankers Inc. is having a Relative Strength Index of 40.77 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Scorpio Tankers Inc. (NYSE:STNG) rallied by 1.04% during the past week but lost 18.32% on a 4-week basis. The company has outperformed the S&P 500 by 0.92% in the past week but underperformed the index by 19.04% in the last 4 weeks.
Scorpio Tankers Last issued its quarterly earnings results on Nov 14, 2016. The company reported $-0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.12. The company had revenue of $114.30 million for the quarter, compared to analysts expectations of $112.30 million. The companys revenue was down -49.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.46 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Scorpio Tankers was Downgraded by BofA/Merrill to Underperform on Jan 17, 2017. Scorpio Tankers was Downgraded by Deutsche Bank on Nov 15, 2016 to Hold, Lowers Price Target to $ 4 from a previous price target of $9 .
Scorpio Tankers Inc. (NYSE:STNG) : On Friday heightened volatility was witnessed in Scorpio Tankers Inc. (NYSE:STNG) which led to swings in the share price. The stock opened for trading at $3.73 and hit $3.88 on the upside , eventually ending the session at $3.88, with a gain of 4.3% or 0.16 points. The heightened volatility saw the trading volume jump to 2,967,588 shares. The 52-week high of the share price is $6.7 and the company has a market cap of $678 million. The 52-week low of the share price is at $3.61 .
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. The Companys initial fleet consists of three modern panamax tankers. Its vessels carry petroleum products and crude oil for integrated oil companies, oil traders, and other customers. Scorpio Tankers Inc. is headquartered in Monaco, Scorpio.