STNG downside (Daily)STNG has attractive PB, PEG, Sharpe, and Sortino ratios, but it just seems to be aggressively chasing strong historical support...seems like we might see a bounce and a head and shoulders play out
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14.57 USD
546.90 M USD
1.34 B USD
49.13 M
About Scorpio Tankers Inc.
Sector
Industry
CEO
Emanuele A. Lauro
Website
Headquarters
Monaco
Founded
2009
FIGI
BBG000Q1TVZ0
Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. Its consists of wholly owned, finance leased, and bareboat chartered-in tankers. It operates through the following segments: MR, LR2, Handymax, and LR1. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.
Learning Price Action Through ObservationLearning Happens when you're open and curious and making observations from what you see. From there, you must be mentally balanced to take action on your observations.
In this post, I focus on the price action that happens in the pivot portion of a swing cycle. If you make observations of this area
STNG Bullish FlagPrice is on a breakout above a bullish flag and is now above 20/50/100/200 EMA. However, momentum is decreasing and RSI is nearly 70. Therefore, STNG may consolidate around 60 resistance level before surging up towards is 72 price target.
SCORPIO TANKERS Stock Chart Fibonacci Analysis 070223 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 44.5/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
LONG on $STNGBuilding a LONG position on NYSE:STNG at these levels.
1) Continues to build higher free cash flows
2) Transports refined oil products
3) MC currently at $2.4 Bn, valued at $5 Bn presents value
4) Mgmt actively reducing share count = increase share price
5) Recession/OPEC risk
-Support looks soli
$STNG is a stock about to break up!after receiving multiple confirmations I think it is time to buy Scorpio Tankers for a easy $10 gain per stock minimum. Target price is anything between the 59, 60 dollar mark.
However, being part of a triple pike column, you may want to get ready for a second leg from 56-57 to the 72 mark in the
Prepare for Impact: Scorpio Tankers Approaching Free FallScorpio Tankers Inc. (STNG) appears to be headed for a downside based on two significant factors - the impact of the oil market and the approach of Wave 3 in the Elliott Wave Theory. The recent downturn in the oil market has hit the entire industry hard, and Scorpio Tankers is no exception. As a com
$STNG, good fundamentalsScorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide.
Management has been aggressively buying back shares
Strong earnings should allow management to continue dividend payments
Strong return over
$STNG Head & Shoulders Target $39.00I was kind of intuitively guided to this one and have been thinking it's heading down. Looks ready to break the neckline and my dowsing says energy is really bearish.
I asked for a target within the next month and am looking in the zone of $38-40.00
STNG - Scorpio Tankers - Up 350% over 12 monthsScorpio Tankers and its subsidiaries are involved in the seaborne transportation of refined petroleum products in global shipping markets.
Its stock price has had a 350% run so far over the last 12 months, and analysts are forecasting it could get to around $68 or so which is another 20% to go from
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Frequently Asked Questions
The current price of STNG is 47.49 USD — it has increased by 0.53% in the past 24 hours. Watch Scorpio Tankers Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Scorpio Tankers Inc. stocks are traded under the ticker STNG.
STNG stock has risen by 0.36% compared to the previous week, the month change is a −15.24% fall, over the last year Scorpio Tankers Inc. has showed a −23.70% decrease.
We've gathered analysts' opinions on Scorpio Tankers Inc. future price: according to them, STNG price has a max estimate of 95.00 USD and a min estimate of 58.00 USD. Watch STNG chart and read a more detailed Scorpio Tankers Inc. stock forecast: see what analysts think of Scorpio Tankers Inc. and suggest that you do with its stocks.
STNG reached its all-time high on Apr 29, 2010 with the price of 130.10 USD, and its all-time low was 8.28 USD and was reached on Oct 29, 2020. View more price dynamics on STNG chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
STNG stock is 3.26% volatile and has beta coefficient of 0.12. Track Scorpio Tankers Inc. stock price on the chart and check out the list of the most volatile stocks — is Scorpio Tankers Inc. there?
Today Scorpio Tankers Inc. has the market capitalization of 2.53 B, it has decreased by −1.57% over the last week.
Yes, you can track Scorpio Tankers Inc. financials in yearly and quarterly reports right on TradingView.
Scorpio Tankers Inc. is going to release the next earnings report on Feb 13, 2025. Keep track of upcoming events with our Earnings Calendar.
STNG earnings for the last quarter are 1.75 USD per share, whereas the estimation was 1.59 USD resulting in a 9.72% surprise. The estimated earnings for the next quarter are 1.49 USD per share. See more details about Scorpio Tankers Inc. earnings.
Scorpio Tankers Inc. revenue for the last quarter amounts to 258.20 M USD, despite the estimated figure of 267.91 M USD. In the next quarter, revenue is expected to reach 243.95 M USD.
STNG net income for the last quarter is 158.71 M USD, while the quarter before that showed 227.32 M USD of net income which accounts for −30.18% change. Track more Scorpio Tankers Inc. financial stats to get the full picture.
Yes, STNG dividends are paid quarterly. The last dividend per share was 0.40 USD. As of today, Dividend Yield (TTM)% is 3.37%. Tracking Scorpio Tankers Inc. dividends might help you take more informed decisions.
Scorpio Tankers Inc. dividend yield was 1.73% in 2023, and payout ratio reached 10.47%. The year before the numbers were 0.74% and 3.99% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 22, 2024, the company has 24.00 employees. See our rating of the largest employees — is Scorpio Tankers Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Scorpio Tankers Inc. EBITDA is 903.91 M USD, and current EBITDA margin is 67.56%. See more stats in Scorpio Tankers Inc. financial statements.
Like other stocks, STNG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Scorpio Tankers Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Scorpio Tankers Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Scorpio Tankers Inc. stock shows the sell signal. See more of Scorpio Tankers Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.