International Seaways Inc (NYSE:INSW) shares, rose in value on Friday, February 14, with price down by -1.97% to the previous day’s close as strong demand from buyers drove the stock to $38.23.
Actively observing the price movement in the last trading, the stock closed the session at $39.00, falling within a range of $37.805 and $40.03. The value of beta (5-year monthly) was -0.114 whereas the PE ratio was 3.69 over 12-month period. Referring to stock’s 52-week performance, its high was $60.46, and the low was $32.11. On the whole, INSW has fluctuated by -8.12% over the past month.
With the market capitalization of International Seaways Inc currently standing at about $1.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 1.26%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 942.33M, with a low estimate of 162.75M and a high estimate of 204.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 187.75M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INSW’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of INSW currently trading nearly -0.53% and 2.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.98, while the 7-day volatility ratio is showing 3.75% which for the 30-day chart, stands at 3.71%. Furthermore, International Seaways Inc (INSW)’s beta value is -0.19, and its average true range (ATR) is 1.49.
A comparison of International Seaways Inc (INSW) with its peers suggests the former has fared considerably weaker in the market. INSW showed an intraday change of -1.97% in last session, and over the past year, it shrunk by -18.47%%.
Data on historical trading for International Seaways Inc (NYSE:INSW) indicates that the trading volumes over the past 10 days have averaged 0.77 and over the past 3 months, they’ve averaged 956.44K. According to company’s latest data on outstanding shares, there are 49.19 million shares outstanding.
Nearly 19.80% of International Seaways Inc’s shares belong to company insiders and institutional investors own 73.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.24 million shares as on 2025-01-31, resulting in a short ratio of 3.24. According to the data, the short interest in International Seaways Inc (INSW) stood at 807.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.19 million. The stock has risen by 6.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INSW stock heading into the next quarter.
