In a filing, International Seaways Inc revealed 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 $1.81 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 $5.42 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 jump 1.11% to $36.34. Over the last five days, the stock has lost -1.60%. International Seaways Inc shares have risen nearly 1.11% since the year began. Nevertheless, the stocks have fallen -21.96% 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 $37.81, while 200 days put it at $49.91.
Levels Of Support And Resistance For INSW Stock
The 24-hour chart illustrates a support level at 35.82, which if violated will result in even more drops to 35.30. On the upside, there is a resistance level at 36.80. A further resistance level may holdings at 37.26. The Relative Strength Index (RSI) on the 14-day chart is 45.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.49%. Stochastics %K at 10.39% indicates the stock is a buying.
How much short interest is there in International Seaways Inc?
A steep rise in short interest was recorded in International Seaways Inc stocks on 2025-01-15, growing by 1.96 million shares to a total of 3.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.33 million shares. There was a rise of 59.57%, which implies that there is a positive sentiment for the stock.
