Shares of International Seaways Inc. (NYSE:INSW) traded at a new 52-week high today of $35.79. So far today approximately 879,000 shares have been exchanged, as compared to an average 30-day volume of 622,000 shares.
Potential upside of 232.3% exists for International Seaways Inc., based on a current level of $35.59 and analysts’ average consensus price target of $118.24.
In the past 52 weeks, International Seaways Inc. share prices are bracketed by a low of $13.05 and a high of $35.79 and is now at $35.59, 173% above that low price.
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. The company’s vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
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