NYSE:STNGOil and Gas
Is It Too Late To Consider Scorpio Tankers (STNG) After Its Strong Share Price Run?
Investors may be wondering if Scorpio Tankers at around US$68.43 is still priced attractively, or if most of the easy value has already been realized.
The share price has been active, with returns of 7.6% over the past week, 22.0% over the past month, 37.7% year to date and 50.6% over the past year, while the 5-year return is very large.
These moves sit against a backdrop of continued investor attention on product tanker companies and ongoing interest in how shipping capacity, charter rates...