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Scorpio Tankers Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

Scorpio Tankers Inc. (NYSE:STNG) traded at a new 52-week high today of $44.95. Approximately 233,000 shares have changed hands today, as compared to an average 30-day volume of 915,000 shares.

Scorpio Tankers Inc. (NYSE:STNG) has potential upside of 590.4% based on a current price of $44.20 and analysts’ consensus price target of $305.16.

In the past 52 weeks, Scorpio Tankers Inc. share prices are bracketed by a low of $11.02 and a high of $44.95 and is now at $44.20, 301% above that low price.

Scorpio Tankers Inc is a shipping company. It is engaged in providing the seaborne transportation of refined petroleum products. It serves its end users in the petroleum supply chain by distributing products such as gasoline, heating oil, and fuel oil from refineries.

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