A look at International Seaways Inc’s (INSW) recent performance gives investors their first glimpse of hope.

On Friday, International Seaways Inc (NYSE: INSW) opened lower -4.76% from the last session, before settling in for the closing price of $54.44. Price fluctuations for INSW have ranged from $36.64 to $64.17 over the past 52 weeks.

Energy Sector giant saw their annual sales surged by 50.88% over the last five years. Company’s average yearly earnings per share was noted -4.91% at the time writing. With a float of $39.30 million, this company’s outstanding shares have now reached $48.93 million.

The firm has a total of 2698 workers. Let’s measure their productivity.

International Seaways Inc (INSW) Insider Activity

A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of International Seaways Inc is 20.73%, while institutional ownership is 66.80%. The most recent insider transaction that took place on Aug 01 ’24, was worth 56,000. Before that another transaction happened on Aug 01 ’24, when Company’s SVP, CFO & Treasurer sold 1,000 for $55.97, making the entire transaction worth $55,970. This insider now owns 38,849 shares in total.

International Seaways Inc (INSW) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 3.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.64) by 0.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -4.91% per share during the next fiscal year.

International Seaways Inc (NYSE: INSW) Trading Performance Indicators

Check out the current performance indicators for International Seaways Inc (INSW). In the past quarter, the stock posted a quick ratio of 2.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43. Likewise, its price to free cash flow for the trailing twelve months is 5.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.70, a number that is poised to hit 2.49 in the next quarter and is forecasted to reach 8.67 in one year’s time.

Technical Analysis of International Seaways Inc (INSW)

Analysing the last 5-days average volume posted by the [International Seaways Inc, INSW], we can find that recorded value of 0.59 million was better than the volume posted last year of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 17.35%. Additionally, its Average True Range was 1.58.

During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 6.07%, which indicates a significant increase from 3.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.65% in the past 14 days, which was higher than the 29.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $58.91, while its 200-day Moving Average is $53.02. Now, the first resistance to watch is $52.88. This is followed by the second major resistance level at $53.91. The third major resistance level sits at $54.54. If the price goes on to break the first support level at $51.22, it is likely to go to the next support level at $50.59. Should the price break the second support level, the third support level stands at $49.56.

International Seaways Inc (NYSE: INSW) Key Stats

There are currently 49,373K shares outstanding in the company with a market cap of 2.57 billion. Presently, the company’s annual sales total 1,072 M according to its annual income of 556,450 K. Last quarter, the company’s sales amounted to 274,400 K and its income totaled 144,490 K.