Scorpio Tankers Inc. (NYSE: STNG) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved -2.48% on the day to $56.29.
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company’s fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.
So far today, approximately 1.03M shares of Scorpio Tankers Inc. have been exchanged, as compared to an average 30-day volume of 1M shares.
Scorpio Tankers Inc. share prices have moved between a 52-week high of $63.31 and a 52-week low of $40.14. The stock has moved 2.12% over the past week.
To learn more about Scorpio Tankers Inc., visit the company’s website at https://www.scorpiotankers.com.
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