International Seaways Inc (NYSE: INSW) on Tuesday, plunged -2.37% from the previous trading day, before settling in for the closing price of $49.40. Within the past 52 weeks, INSW’s price has moved between $37.17 and $64.17.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 50.88%. The company achieved an average annual earnings per share of -9.54%. With a float of $39.72 million, this company’s outstanding shares have now reached $48.93 million.
Considering the fact that the conglomerate employs 2698 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of International Seaways Inc is 20.07%, while institutional ownership is 69.17%. 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 -9.54% per share during the next fiscal year.
International Seaways Inc (NYSE: INSW) Trading Performance Indicators
International Seaways Inc (INSW) is currently performing well based on its current performance indicators. A quick ratio of 3.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.34. Likewise, its price to free cash flow for the trailing twelve months is 6.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.50, a number that is poised to hit 1.73 in the next quarter and is forecasted to reach 8.84 in one year’s time.
Technical Analysis of International Seaways Inc (INSW)
Compared to the last year’s volume of 0.57 million, its volume of 0.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.49%. Additionally, its Average True Range was 1.33.
During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 4.48%, which indicates a significant decrease from 15.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.33% in the past 14 days, which was lower than the 30.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.24, while its 200-day Moving Average is $53.38. Nevertheless, the first resistance level for the watch stands at $49.41 in the near term. At $50.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.59. If the price goes on to break the first support level at $47.23, it is likely to go to the next support level at $46.22. Now, if the price goes above the second support level, the third support stands at $45.05.
International Seaways Inc (NYSE: INSW) Key Stats
Market capitalization of the company is 2.40 billion based on 49,373K outstanding shares. Right now, sales total 1,072 M and income totals 556,450 K. The company made 257,410 K in profit during its latest quarter, and 144,720 K in sales during its previous quarter.
