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Scorpio Tankers Shares Up 18.7% Since SmarTrend's Buy Recommendation (STNG)

By Shiri Gupta

SmarTrend identified an Uptrend for Scorpio Tankers (NYSE:STNG) on January 18th, 2019 at $20.45. In approximately 3 months, Scorpio Tankers has returned 18.68% as of today's recent price of $24.27.

In the past 52 weeks, shares of Scorpio Tankers have traded between a low of $0.15 and a high of $24.41 and are now at $24.23, which is 16,053% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has risen 6.4%.

Scorpio Tankers Inc. is a shipping company. The Company provides seaborne transportation of crude oil and other petroleum products worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Scorpio Tankers shares.

Log in and add Scorpio Tankers (STNG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights scorpio tankers

Ticker(s): STNG