International Seaways Inc (INSW) kicked off at the price of $49.85: Venture capitalists have an exciting new opportunity

On Tuesday, International Seaways Inc (NYSE: INSW) opened lower -3.82% from the last session, before settling in for the closing price of $51.83. Price fluctuations for INSW have ranged from $36.64 to $64.17 over the past 52 weeks.

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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 -7.46% at the time writing. With a float of $39.72 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. 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) Breakdown of a Key Holders of the stock

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 20.07%, while institutional ownership is 69.08%. The most recent insider transaction that took place on Aug 30 ’24, was worth 51,190. In this transaction Senior Vice President of this company sold 1,000 shares at a rate of $51.19, taking the stock ownership to the 53,803 shares. Before that another transaction happened on Aug 30 ’24, when Company’s Officer proposed sale 4,000 for $50.74, making the entire transaction worth $202,960.

International Seaways Inc (INSW) Recent Fiscal highlights

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

Check out the current performance indicators for International Seaways Inc (INSW). In the past quarter, the stock posted a quick ratio of 3.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 6.58.

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)

Analysing the last 5-days average volume posted by the [International Seaways Inc, INSW], we can find that recorded value of 0.57 million was better than the volume posted last year of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 48.95%. Additionally, its Average True Range was 1.38.

During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 11.06%, which indicates a significant decrease from 16.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.56% in the past 14 days, which was lower than the 30.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $54.28, while its 200-day Moving Average is $53.31. Now, the first resistance to watch is $50.73. This is followed by the second major resistance level at $51.62. The third major resistance level sits at $52.09. If the price goes on to break the first support level at $49.37, it is likely to go to the next support level at $48.90. Now, if the price goes above the second support level, the third support stands at $48.01.

International Seaways Inc (NYSE: INSW) Key Stats

There are currently 49,373K shares outstanding in the company with a market cap of 2.48 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 257,410 K and its income totaled 144,720 K.