INSI stock touches 52-week high at $17.68 amid market rally

Published 23/09/2024, 14:32
INSI stock touches 52-week high at $17.68 amid market rally

In a remarkable display of resilience, INSI stock soared to a 52-week high, reaching a price level of $17.68. This peak comes amidst a broader market rally that has seen many stocks rebound from previous lows. Over the past year, INSI, also known as Cutwater Select Income Fund, has witnessed a substantial growth, with a 1-year change showing an impressive 14.85% increase. Investors and market analysts are closely monitoring INSI's performance as it continues to navigate through the dynamic market conditions.

InvestingPro Insights


In light of INSI's recent surge to a 52-week high, the InvestingPro platform provides valuable insights that can further inform investors about the stock's performance. With a market capitalization of $184.81 million and a P/E ratio standing at 18.97, INSI presents itself as a company with a solid financial footing. Remarkably, the company has maintained dividend payments for an impressive 53 consecutive years, with a current dividend yield of 4.64%, reflecting a strong commitment to shareholder returns.

On the operational front, INSI has reported a gross profit margin of 100% over the last twelve months as of Q4 2024, highlighting its efficient cost management and profitability. This is further substantiated by the company being profitable over the last twelve months. Additionally, InvestingPro Tips indicate that INSI's liquid assets exceed its short-term obligations, suggesting robust financial health and the ability to meet its immediate liabilities.

For those seeking more detailed analysis and additional InvestingPro Tips, there are 5 more tips available that can provide deeper insights into INSI's performance and potential investment opportunities. Visit https://www.investing.com/pro/INSI for an in-depth look at these valuable tips.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.