International Seaways Inc. (NYSE:INSW) has a beta of 0.31, a 12-month trailing P/E ratio of 4.29. The stock’s Relative Strength Index (RSI) is 63.03, with weekly volatility at 4.49% and ATR at 0.86. The INSW stock’s 52-week price range has touched low of $12.44 and a $29.30 high. Its shares traded lower over the last trading session, losing -1.35% on 02/11/21. The shares fell to a low of $18.57 before closing at $18.98. Intraday shares traded counted 0.15 million, which was 11.59% higher than its 30-day average trading volume of 167.58K. INSW’s previous close was $19.24 while the outstanding shares total 27.93M.
Investors have identified the Marine Shipping company International Seaways Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $499.36 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
International Seaways Inc. (INSW) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For INSW, the company has in raw cash 137.34 million on their books with 61.48 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 220.25 million total, with 102.82 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.19 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on INSW sounds very interesting.
Is the stock of INSW attractive?
In related news, SVP,CFO & Treasurer, Pribor Jeffrey sold 1,000 shares of the company’s stock in a transaction that recorded on Feb 01. The sale was performed at an average price of 16.00, for a total value of 16,002. As the sale deal closes, the SVP,CFO & Treasurer, Pribor Jeffrey now sold 1,000 shares of the company’s stock, valued at 16,751. Also, SVP,CFO & Treasurer, Pribor Jeffrey sold 1,000 shares of the company’s stock in a deal that was recorded on Dec 01. The shares were price at an average price of 17.25 per share, with a total market value of 17,250. Following this completion of acquisition, the SVP,CFO & Treasurer, Pribor Jeffrey now holds 1,000 shares of the company’s stock, valued at 16,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
5 out of 9 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on International Seaways Inc.. 2 analysts has assigned a Sell rating on the INSW stock. The 12-month mean consensus price target for the company’s shares has been set at $22.94.