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Stock impact report

Scorpio Tankers (STNG) Stock Trades Up, Here Is Why [Yahoo! Finance]

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: Yahoo! Finance
This positive view was based on the industry moving into its peak winter earnings period. According to reports summarizing analyst opinions, there was a strong consensus for a 'Buy' rating on the stock. This collective outlook suggested confidence in the company's prospects, especially following a cycle of refinery maintenance which was expected to further support the rate increases. After the initial pop the shares cooled down to $54.25, up 4.9% from previous close. Is now the time to buy Scorpio Tankers? Access our full analysis report here Scorpio Tankers's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock gained 8.6% on the news that it received positive attention from Wall Street, including a Show less Read more
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