There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Scorpio Tankers Inc. (STNG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$1.49, or +3.44%, to $44.82. Volume reached 13,774 shares, with price reaching a high of $44.4 and a low of $44.4. Recently, Yahoo Finance discussed the stock, revealing that Scorpio Tankers Announces Repurchases of Its Common Shares and Exercise of Purchase Option.
This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $44.40 and fluctuated between $46.30 as its day high and $43.19 as its day low. The current market capitalization of Scorpio Tankers Inc. is $2.74B. A total of 1.12 million shares were traded on the day, compared to an average of 1.05M shares.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. STNG’s most recent ex-dividend date was 08/10/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 09/15/2022. Previously, the company paid the dividend on 06/15/2022 with an ex-dividend date of 05/19/2022. The dividend was $0.10 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for STNG in the last 3 months, the mean price target is $52.06 with high estimates of $85.50 and low estimates of $34.00. In terms of 52-week highs and lows, STNG has a high of $45.95 and a low of $11.02.
As of this writing, STNG has an earnings estimate of $3.61 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $3.9 per share and a lower estimate of $3.23. The company reported an EPS of $3.13 in the last quarter, which was 8.68% higher than expectations of $2.88.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for STNG is Hold with a score of 4.43. A total of 11 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.