International Seaways Inc (NYSE: INSW) is 14.14% higher on its value in year-to-date trading and has touched a low of $36.64 and a high of $64.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INSW stock was last observed hovering at around $49.04 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $49.35, the stock is -10.35% and -14.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing 0.63% at the moment leaves the stock -3.64% off its SMA200. INSW registered 23.57% gain for a year compared to 6-month gain of 0.08%.
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The stock witnessed a -13.71% loss in the last 1 month and extending the period to 3 months gives it a -17.26%, and is -9.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.49% over the week and 3.09% over the month.
International Seaways Inc (INSW) has around 2698 employees, a market worth around $2.45B and $1.02B in sales. Current P/E ratio is 4.70 and Fwd P/E is 5.63. Profit margin for the company is 50.70%. Distance from 52-week low is 34.69% and -23.09% from its 52-week high. The company has generated returns on investments over the last 12 months (20.30%).
The EPS is expected to shrink by -8.74% this year
The shares outstanding are 48.93M, and float is at 39.30M with Short Float at 2.17%.
International Seaways Inc (INSW) Insider Activity
International Seaways Inc disclosed in a document filed with the SEC on Aug 01 ’24 that Pribor Jeffrey (SVP, CFO & Treasurer) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Aug 01 ’24 and was made at $55.97 per share for $55970.0. Following the transaction, the insider now directly holds 38849.0 shares of the INSW stock.
Still, SEC filings show that on Jul 01 ’24, Pribor Jeffrey (SVP, CFO & Treasurer) disposed off 1,000 shares at an average price of $58.83 for $58830.0. The insider now directly holds 39,849 shares of International Seaways Inc (INSW).
