International Seaways Inc (NYSE:INSW) shares, rose in value on Friday, May 09, with the stock price up by 2.95% to the previous day’s close as strong demand from buyers drove the stock to $37.68.
Actively observing the price movement in the last trading, the stock closed the session at $36.60. The PE ratio was 5.82 over 12-month period. Referring to stock’s 52-week performance, its high was $59.40, and the low was $27.20. On the whole, INSW has fluctuated by 19.39% over the past month.
With the market capitalization of International Seaways Inc currently standing at about $1.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 1.27%.
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 Hold 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 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.26, with the price of INSW currently trading nearly 10.67% and 12.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.97, while the 7-day volatility ratio is showing 3.51% which for the 30-day chart, stands at 3.71%. Furthermore, International Seaways Inc (INSW)’s beta value is 0.03, and its average true range (ATR) is 1.43.
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 2.95% in last session, and over the past year, it shrunk by -26.16%%.
Data on historical trading for International Seaways Inc (NYSE:INSW) indicates that the trading volumes over the past 3 months, they’ve averaged 848.93K. According to company’s latest data on outstanding shares, there are 49.19 million shares outstanding.
Nearly 19.56% of International Seaways Inc’s shares belong to company insiders and institutional investors own 74.43% of the company’s shares. The stock has risen by 6.72% 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.
