NYSE:STNGOil and Gas
Is It Too Late To Consider Scorpio Tankers (STNG) After A 71% One Year Surge
If you are wondering whether Scorpio Tankers is still good value after a strong run, this article is going to focus squarely on what the current share price implies.
The stock last closed at US$70.74, with returns of 1.2% over 7 days, 19.7% over 30 days, 42.4% year to date and 71.0% over the past year, which raises fair questions about how much upside or risk is now priced in.
These gains sit against a backdrop of sector focused headlines around product tanker demand, vessel supply and...