Scorpio Tankers (STNG) Receiving Somewhat Favorable Press Coverage, Accern Reports
News articles about Scorpio Tankers (NYSE:STNG) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Scorpio Tankers earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the shipping company an impact score of 46.1646899462508 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Scorpio Tankers Inc. (STNG) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Scorpio Tankers Inc. (STNG) – Lookout Unusual Volume stock – Wall Street Morning (wallstreetmorning.com)
- Scorpio Tankers Inc. (STNG) Stock Needs Attention On EPS Growth Factors For This Year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Scorpio Tankers Inc (STNG) Has Stock More Room to Run – AppsforPCdaily (appsforpcdaily.com)
- 1 High-Rewarding Stock to Observe: Scorpio Tankers Inc. (STNG) – Wallstreet Investorplace (wallstreetinvestorplace.com)
Shares of Scorpio Tankers (NYSE:STNG) traded down $0.07 during trading hours on Friday, hitting $2.26. The stock had a trading volume of 8,185,910 shares, compared to its average volume of 4,766,747. The stock has a market capitalization of $724.85, a P/E ratio of -2.86 and a beta of 1.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.99 and a current ratio of 1.03. Scorpio Tankers has a twelve month low of $2.24 and a twelve month high of $4.79.
A number of research firms have recently weighed in on STNG. Zacks Investment Research cut Scorpio Tankers from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. Stifel Nicolaus set a $7.00 price target on Scorpio Tankers and gave the stock a “buy” rating in a report on Sunday, October 29th. Jefferies Group reissued a “buy” rating and issued a $5.50 price target on shares of Scorpio Tankers in a report on Tuesday, October 31st. BidaskClub cut Scorpio Tankers from a “sell” rating to a “strong sell” rating in a report on Friday, October 27th. Finally, UBS Group raised Scorpio Tankers from a “neutral” rating to a “buy” rating and set a $5.50 price target for the company in a report on Monday, November 13th. Three analysts have rated the stock with a sell rating and twelve have assigned a buy rating to the stock. Scorpio Tankers has a consensus rating of “Buy” and an average target price of $6.17.
Scorpio Tankers Company Profile
Scorpio Tankers Inc (Scorpio Tankers) is engaged in the seaborne transportation of refined petroleum products in the international shipping markets. The Company operates through four segments: 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).
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