International Seaways Inc (INSW) 20 Days SMA touches -4.89%: The odds favor the bear

International Seaways Inc (NYSE: INSW) on Friday, plunged -3.30% from the previous trading day, before settling in for the closing price of $37.00. Within the past 52 weeks, INSW’s price has moved between $32.11 and $60.46.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Energy Sector giant saw their annual sales surged by 54.74% over the last five years. The company achieved an average annual earnings per share of -26.18%. With a float of $39.46 million, this company’s outstanding shares have now reached $49.19 million.

The firm has a total of 2698 workers. Let’s measure their productivity. In terms of profitability, gross margin is 57.74%, operating margin of 50.2%, and the pretax margin is 51.25%.

International Seaways Inc (INSW) Insider Activity

Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of International Seaways Inc is 19.78%, while institutional ownership is 64.10%. The most recent insider transaction that took place on Dec 31 ’24, was worth 35,070. In this transaction Senior Vice President of this company sold 1,000 shares at a rate of $35.07, taking the stock ownership to the 49,803 shares. Before that another transaction happened on Dec 31 ’24, when Company’s Officer proposed sale 1,000 for $35.15, making the entire transaction worth $35,150.

International Seaways Inc (INSW) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -26.18% 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 3.60 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 1.75. Likewise, its price to free cash flow for the trailing twelve months is 5.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.35, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 5.86 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 1.15 million was better than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 6.93%. Additionally, its Average True Range was 1.49.

During the past 100 days, International Seaways Inc’s (INSW) raw stochastic average was set at 16.15%, which indicates a significant increase from 8.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.78% in the past 14 days, which was higher than the 39.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.05, while its 200-day Moving Average is $50.06. Now, the first resistance to watch is $36.84. This is followed by the second major resistance level at $37.90. The third major resistance level sits at $38.63. If the price goes on to break the first support level at $35.06, it is likely to go to the next support level at $34.33. Should the price break the second support level, the third support level stands at $33.27.

International Seaways Inc (NYSE: INSW) Key Stats

Market capitalization of the company is 1.76 billion based on 49,193K outstanding shares. Right now, sales total 1,072 M and income totals 556,450 K. The company made 225,190 K in profit during its latest quarter, and 91,650 K in sales during its previous quarter.