STNG Stock Has Gained 21.5% in 3 Months: Can the Rally Continue Now?
Scorpio Tankers Inc.‘s STNG shares have gained 21.5% over the past three months, putting the sustainability of the advance in focus. Better operating results, a substantially stronger balance sheet and supportive product-tanker fundamentals provide backing for the move. Still, freight-rate volatility and the industry’s cyclical …