International Seaways Inc’s filing revealed that its Senior Vice President Nugent William F. unloaded Company’s shares for reported $35070.0 on Dec 31 ’24. In the deal valued at $35.07 per share,1,000 shares were sold. As a result of this transaction, Nugent William F. now holds 49,803 shares worth roughly $2.05 million.
Then, WILLIAM NUGENT bought 1,000 shares, generating $35,150 in total proceeds.
Before that, Zabrocky Lois K sold 2,000 shares. International Seaways Inc shares valued at $67,912 were divested by the President & CEO at a price of $33.96 per share. As a result of the transaction, Zabrocky Lois K now holds 149,045 shares, worth roughly $6.14 million.
Stifel downgraded its International Seaways Inc [INSW] rating to a Hold from a a Buy in a research note published on October 23, 2024; the price target was decreased to $56 from $69. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. BTIG Research also remained covering INSW and has increased its forecast on July 27, 2022 with a “Buy” recommendation from previously “Neutral” rating. Jefferies started covering the stock on July 21, 2022. It rated INSW as “a Buy”.
Price Performance Review of INSW
On Tuesday, International Seaways Inc [NYSE:INSW] saw its stock fall -0.48% to $41.19. Over the last five days, the stock has gained 16.32%. International Seaways Inc shares have risen nearly 14.61% since the year began. Nevertheless, the stocks have fallen -6.70% over the past one year. While a 52-week high of $60.46 was reached on 01/13/25, a 52-week low of $32.11 was recorded on 01/03/25. SMA at 50 days reached $38.85, while 200 days put it at $50.62.
Levels Of Support And Resistance For INSW Stock
The 24-hour chart illustrates a support level at 40.59, which if violated will result in even more drops to 39.99. On the upside, there is a resistance level at 41.50. A further resistance level may holdings at 41.81. The Relative Strength Index (RSI) on the 14-day chart is 66.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.44%. Stochastics %K at 89.10% indicates the stock is a selling.
How much short interest is there in International Seaways Inc?
A steep rise in short interest was recorded in International Seaways Inc stocks on 2024-12-31, growing by 2.08 million shares to a total of 3.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.11 million shares. There was a rise of 65.24%, which implies that there is a positive sentiment for the stock.
