On Friday, International Seaways Inc (NYSE: INSW) opened lower -3.01% from the last session, before settling in for the closing price of $51.80. Price fluctuations for INSW have ranged from $36.62 to $62.33 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -10.32% at the time writing. With a float of $39.75 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.
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 20.02%, while institutional ownership is 67.76%. The most recent insider transaction that took place on Sep 16 ’24, was worth 100,602. In this transaction President & CEO of this company sold 2,000 shares at a rate of $50.30, taking the stock ownership to the 155,475 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director sold 5,000 for $49.17, making the entire transaction worth $245,826. This insider now owns 16,109 shares in total.
International Seaways Inc (INSW) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 2.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.68) by 0.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.32% 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 2.44. 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 1.73 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 0.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.25%. Additionally, its Average True Range was 1.32.
During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 16.76%, which indicates a significant decrease from 65.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.11% in the past 14 days, which was higher than the 30.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.94, while its 200-day Moving Average is $53.54. Nevertheless, the first resistance level for the watch stands at $50.90 in the near term. At $51.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.08. If the price goes on to break the first support level at $49.72, it is likely to go to the next support level at $49.20. Now, if the price goes above the second support level, the third support stands at $48.54.
International Seaways Inc (NYSE: INSW) Key Stats
There are currently 49,373K shares outstanding in the company with a market cap of 2.50 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.
