International Seaways Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

International Seaways Inc. (NYSE:INSW) traded today at a new 52-week high of $32.65. So far today approximately 66,000 shares have been exchanged, as compared to an average 30-day volume of 561,000 shares.

There is potential upside of 249.4% for shares of International Seaways Inc. based on a current price of $32.30 and an average consensus analyst price target of $112.85.

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.

In the past 52 weeks, International Seaways Inc. share prices are bracketed by a low of $13.05 and a high of $32.65 and is now at $32.30, 147% above that low price.

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