The stock of Scorpio Tankers Inc. (NYSE:STNG) is a huge mover today! The stock decreased 5.67% or $0.14 during the last trading session, reaching $2.33. About 6.29 million shares traded or 51.23% up from the average. Scorpio Tankers Inc. (NYSE:STNG) has declined 23.80% since February 18, 2017 and is downtrending. It has underperformed by 40.50% the S&P500.The move comes after 6 months negative chart setup for the $735.34M company. It was reported on Feb, 18 by Barchart.com. We have $2.24 PT which if reached, will make NYSE:STNG worth $29.41M less.
Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company has market cap of $14.65 billion. The firm makes and distributes hard disk drives, solid state drives and their related controllers, solid state hybrid drives, and storage subsystems. It has a 23.39 P/E ratio. The Company’s products are used in enterprise servers and storage systems applications; client compute applications, primarily for desktop and mobile computing; and client non-compute applications, including various end user devices, such as portable external storage systems, surveillance systems, network-attached storage, digital video recorders, and gaming consoles.
Since January 1, 0001, it had 0 insider buys, and 10 insider sales for $29.78 million activity.
Valueact Holdings L.P. holds 7.13% of its portfolio in Seagate Technology plc for 21.46 million shares. 13D Management Llc owns 295,000 shares or 3.72% of their US portfolio. Moreover, Ksa Capital Management Llc has 3.07% invested in the company for 18,000 shares. The Pennsylvania-based Symons Capital Management Inc has invested 2.22% in the stock. Gilman Hill Asset Management Llc, a Connecticut-based fund reported 145,235 shares.
The stock decreased 0.19% or $0.1 during the last trading session, reaching $51.42. About 2.74 million shares traded. Seagate Technology plc (STX) has risen 107.16% since February 18, 2017 and is uptrending. It has outperformed by 90.46% the S&P500.
Ratings analysis reveals 31% of Seagate Tech’s analysts are positive. Out of 13 Wall Street analysts rating Seagate Tech, 4 give it “Buy”, 1 “Sell” rating, while 8 recommend “Hold”. The lowest target is $22.0 while the high is $50.0. The stock’s average target of $39.30 is -23.57% below today’s ($51.42) share price. STX was included in 13 notes of analysts from August 31, 2016. The stock has “Hold” rating by Maxim Group on Wednesday, October 12. As per Wednesday, September 7, the company rating was maintained by Craig Hallum. FBN Securities maintained Seagate Technology plc (NASDAQ:STX) rating on Tuesday, October 11. FBN Securities has “Sector Perform” rating and $38.0 target. On Tuesday, January 31 the stock rating was maintained by Barclays Capital with “Equal Weight”. Benchmark upgraded Seagate Technology plc (NASDAQ:STX) on Tuesday, October 11 to “Buy” rating. As per Wednesday, October 12, the company rating was upgraded by Needham. UBS maintained Seagate Technology plc (NASDAQ:STX) on Monday, September 19 with “Sell” rating. The company was initiated on Wednesday, January 4 by Guggenheim. The company was upgraded on Tuesday, April 11 by Longbow. The rating was maintained by Mizuho with “Neutral” on Wednesday, January 25.
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. The company has market cap of $735.34 million. As of March 15, 2017, it owned 78 tankers comprising 22 LR2 tankers, 14 Handymax tankers, and 42 MR tankers with an average age of approximately 2.3 years; and 19 time chartered-in tankers, including 9 Handymax, 8 MR, 1 LR1, and 1 LR2 tankers. It currently has negative earnings.