Shares Of International Seaways Inc. (INSW) Rise To A New 52...| MENAFN.COM

Wednesday, 10 August 2022 01:31 GMT

Shares Of International Seaways Inc. (INSW) Rise To A New 52-Week High

(MENAFN- Investor Brand Network)

Shares of International Seaways Inc. (NYSE:INSW) traded at a new 52-week high today of $23.19. So far today approximately 338,000 shares have been exchanged, as compared to an average 30-day volume of 980,000 shares.

International Seaways Inc. share prices have moved between a 52-week high of $23.19 and a 52-week low of $13.05 and are now trading 75% above that low price at $22.88 per share.

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.

Potential upside of 2.5% exists for International Seaways Inc., based on a current level of $22.88 and analysts' average consensus price target of $23.46.

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