On Tuesday, International Seaways Inc (NYSE: INSW) was -4.28% drop from the session before settling in for the closing price of $50.69. A 52-week range for INSW has been $38.86 – $62.33.
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A company in the Energy sector has jumped its sales by 50.88% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -13.11%. With a float of $39.75 million, this company’s outstanding shares have now reached $48.93 million.
In an organization with 2698 employees, it is important to assess its efficiency. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward International Seaways Inc stocks. The insider ownership of International Seaways Inc is 20.01%, while institutional ownership is 67.76%. The most recent insider transaction that took place on Sep 30 ’24, was worth 51,239. In this transaction Senior Vice President of this company sold 1,000 shares at a rate of $51.24, taking the stock ownership to the 52,803 shares. Before that another transaction happened on Sep 16 ’24, when Company’s President & CEO sold 2,000 for $50.30, making the entire transaction worth $100,602. This insider now owns 155,475 shares in total.
International Seaways Inc (INSW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.11% per share during the next fiscal year.
International Seaways Inc (NYSE: INSW) Trading Performance Indicators
You can see what International Seaways Inc (INSW) is doing with its current performance indicators. In the most recent 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 2.35. Likewise, its price to free cash flow for the trailing twelve months is 6.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.50, a number that is poised to hit 1.60 in the next quarter and is forecasted to reach 8.74 in one year’s time.
Technical Analysis of International Seaways Inc (INSW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.53 million. That was inferior than the volume of 0.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.07%. Additionally, its Average True Range was 1.33.
During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 7.64%, which indicates a significant increase from 0.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.90% in the past 14 days, which was higher than the 30.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.72, while its 200-day Moving Average is $54.11. However, in the short run, International Seaways Inc’s stock first resistance to watch stands at $49.52. Second resistance stands at $50.52. The third major resistance level sits at $51.03. If the price goes on to break the first support level at $48.01, it is likely to go to the next support level at $47.50. Assuming the price breaks the second support level, the third support level stands at $46.50.
International Seaways Inc (NYSE: INSW) Key Stats
There are 49,373K outstanding shares of the company, which has a market capitalization of 2.41 billion. As of now, sales total 1,072 M while income totals 556,450 K. Its latest quarter income was 257,410 K while its last quarter net income were 144,720 K.
