Scorpio Tankers Inc. (STNG) chart shows a multiple bottoms technical pattern with $16.47 target. That’s 3.00 % below today’s $16.98 price per share. Finviz.com reported the multiple bottoms technical pattern on Mar, 9. The company’s valuation will be $25.08 million less at $16.47 target.

STNG reached $16.98 during the last trading session after $0.2 change.Scorpio Tankers Inc. has volume of 527,601 shares. Since March 9, 2018 STNG has declined 14.73% and is downtrending. STNG underperformed by 19.10% the S&P 500.

On April, 24. Investors wait Scorpio Tankers Inc. (NYSE:STNG) to reveal its quarterly earnings, according to Faxor. Analysts expect change of 116.00 % or $1.16 from previous year’s $-1 earnings per share compared to current’s $0.16 earnings per share. If earnings per share of $0.16 is announced the profit of STNG could hit $7.88 million giving it 26.53 P/E. After $-0.38 EPS report previous quarter, Wall Street now forecasts -142.11 % EPS growth of Scorpio Tankers Inc..

Scorpio Tankers Inc. (NYSE:STNG) Ratings Coverage

In total 3 analysts cover Scorpio Tankers (NYSE:STNG). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. (NYSE:STNG) has 67% bullish analysts. 3 are the (NYSE:STNG)’s ratings reports on Mar 9, 2019 according to StockzIntelligence Inc. On Wednesday, January 23 the stock of Scorpio Tankers Inc. (NYSE:STNG) earned “Neutral” rating by JP Morgan. On Monday, March 4 FBR Capital upgraded Scorpio Tankers Inc. (NYSE:STNG) to “Buy” rating.

For more Scorpio Tankers Inc. (NYSE:STNG) news posted briefly go to: Seekingalpha.com, Globenewswire.com, Globenewswire.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Scorpio Tankers Q4 2018 Earnings Preview – Seeking Alpha” posted on February 13, 2019, “Scorpio Tankers Announces Agreement to Purchase Exhaust Gas Cleaning Systems for 52 vessels – GlobeNewswire” on December 03, 2018, “Scorpio Tankers Inc. Announces Updates on the Fourth Quarter of 2018 TCE Rates, 2019 Capital Expenditures, and Securities Buyback Program – GlobeNewswire” with a publish date: December 11, 2018, “Scorpio Tankers: More Dangerous Than A Scorpion – Seeking Alpha” and the last “10 Biggest Price Target Changes For Monday – Benzinga” with publication date: March 04, 2019.