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NYSE: STNG
Scorpio Tankers (STNG) stock, explained like you're 5
Scorpio Tankers trades on the New York Stock Exchange under the ticker STNG. It is a mid cap company in the marine transportation industry, part of the consumer cyclical sector, with a market value of about 4.4 billion dollars.
- Ticker
- STNG
- Exchange
- New York Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Marine Transportation
- Size
- Mid cap, about 4.4 billion dollars
Is Scorpio Tankers a small, medium or large cap company?
No. Scorpio Tankers is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 4.4 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Scorpio Tankers makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves STNG stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- Scorpio Tankers Inc. $STNG Stock Sold by Assenagon Asset Management S.A. (MarketBeat)
- Why Scorpio Tankers Stock Dropped Today (Yahoo Finance)
- Scorpio Tankers (NYSE:STNG) Stock Price (Simply Wall Street)
- Scorpio Tankers (NYSE:STNG) Screens Well for Growth at a Reasonable Price (ChartMill)
- Morgan Stanley lifted target from USD 76 to USD 90 for Scorpio Tankers stock (ad-hoc-news.de)
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Questions about Scorpio Tankers stock
What does Scorpio Tankers do?
Scorpio Tankers trades on the New York Stock Exchange under the ticker STNG. It is a mid cap company in the marine transportation industry, part of the consumer cyclical sector, with a market value of about 4.4 billion dollars.
What is the ticker symbol for Scorpio Tankers?
Scorpio Tankers trades under the ticker STNG on the New York Stock Exchange.
What is Scorpio Tankers's market cap?
Scorpio Tankers is a mid cap stock with a market cap of about 4.4 billion dollars.
How does Scorpio Tankers make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves STNG stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow STNG stock every day?
Add STNG to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.