Scorpio Tankers Inc. (STNG) Soars 8.52%

Scorpio Tankers Inc. (STNG) Soars 8.52%

Scorpio Tankers Inc. is a Scorpio Tankers Inc is a shipping company based in the Republic of the Marshall Islands. The company is engaged in providing the seaborne transportation of refined petroleum products.

Scorpio Tankers Inc. (STNG) had a good day on the market for Friday January 08 as shares jumped 8.52% to close at $13.63. About 3 million shares traded hands on 18,045 trades for the day, compared with an average daily volume of n/a shares out of a total float of 58 million. After opening the trading day at $12.78, shares of Scorpio Tankers Inc. stayed within a range of $14.05 to $12.67.

With today’s gains, Scorpio Tankers Inc. now has a market cap of $790.54 million. Shares of Scorpio Tankers Inc. have been trading within a range of $40.39 and $8.28 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Scorpio Tankers Inc is a shipping company based in the Republic of the Marshall Islands. The company is engaged in providing the seaborne transportation of refined petroleum products. It serves its end users in the petroleum supply chain by distributing products like gasoline, heating oil, and fuel oil from refineries. The company manages its business activities in four segments namely LR1, Handymax, LR2, and MR. It generates a vast majority of its revenue from the MR segment.

Scorpio Tankers Inc. is based out of Monaco, and has some 22 employees. Its CEO is Emanuele A. Lauro.

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