International Seaways Inc (NYSE: INSW) kicked off on Tuesday, down -0.40% from the previous trading day, before settling in for the closing price of $50.45. Over the past 52 weeks, INSW has traded in a range of $36.64-$64.17.
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Annual sales at Energy sector company grew by 50.88% over the past five years. While this was happening, its average annual earnings per share was recorded -7.46%. With a float of $39.70 million, this company’s outstanding shares have now reached $48.93 million.
Let’s look at the performance matrix of the company that is accounted for 2698 employees. In terms of profitability, gross margin is 49.08%, operating margin of 62.56%, and the pretax margin is 63.0%.
International Seaways Inc (INSW) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of International Seaways Inc is 20.12%, while institutional ownership is 69.28%. The most recent insider transaction that took place on Aug 12 ’24, was worth 98,800. In this transaction President & CEO of this company sold 2,000 shares at a rate of $49.40, taking the stock ownership to the 157,475 shares. Before that another transaction happened on Aug 12 ’24, when Company’s Officer proposed sale 6,000 for $49.12, making the entire transaction worth $294,720.
International Seaways Inc (INSW) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -7.46% per share during the next fiscal year.
International Seaways Inc (NYSE: INSW) Trading Performance Indicators
Take a look at International Seaways Inc’s (INSW) current performance indicators. Last quarter, stock had a quick ratio of 3.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.44. Likewise, its price to free cash flow for the trailing twelve months is 6.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.50, a number that is poised to hit 1.84 in the next quarter and is forecasted to reach 8.93 in one year’s time.
Technical Analysis of International Seaways Inc (INSW)
International Seaways Inc (NYSE: INSW) saw its 5-day average volume 0.53 million, a negative change from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 65.08%. Additionally, its Average True Range was 1.45.
During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 13.27%, which indicates a significant decrease from 28.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.52% in the past 14 days, which was higher than the 30.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.63, while its 200-day Moving Average is $53.20. Nevertheless, the first resistance level for the watch stands at $50.60 in the near term. At $50.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.29. If the price goes on to break the first support level at $49.91, it is likely to go to the next support level at $49.56. The third support level lies at $49.22 if the price breaches the second support level.
International Seaways Inc (NYSE: INSW) Key Stats
The company with the Market Capitalisation of 2.50 billion has total of 49,373K Shares Outstanding. Its annual sales at the moment are 1,072 M in contrast with the sum of 556,450 K annual income. Company’s last quarter sales were recorded 257,410 K and last quarter income was 144,720 K.
