On May 23, 2023, Teekay Corporation (NYSE: TK) opened at $6.04, lower -0.66% from the last session. During the day, the shares moved up to $6.14 and dropped to $5.96 before settling in for the closing price of $6.05. Price fluctuations for TK have ranged from $2.54 to $6.75 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales slided by -8.70%. Company’s average yearly earnings per share was noted 135.00% at the time writing. With a float of $68.47 million, this company’s outstanding shares have now reached $101.02 million.
The extent of productivity of a business whose workforce counts for 2100 workers is very important to gauge. In terms of profitability, gross margin is +24.62, operating margin of +19.79, and the pretax margin is +17.73.
Teekay Corporation (TK) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Teekay Corporation is 41.70%, while institutional ownership is 32.40%.
Teekay Corporation (TK) Latest Financial update
This company achieved a net margin of +3.09 while generating a return on equity of 6.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 139.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 135.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 16.90% growth over the previous five years of trading.
Teekay Corporation (NYSE: TK) Trading Performance Indicators
Check out the current performance indicators for Teekay Corporation (TK). In the past quarter, the stock posted a quick ratio of 3.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47. Likewise, its price to free cash flow for the trailing twelve months is 3.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33
Technical Analysis of Teekay Corporation (TK)
The latest stats from [Teekay Corporation, TK] show that its last 5-days average volume of 0.83 million was inferior to 1.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.22%. Additionally, its Average True Range was 0.24.
During the past 100 days, Teekay Corporation’s (TK) raw stochastic average was set at 71.43%, which indicates a significant increase from 70.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.61% in the past 14 days, which was higher than the 45.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.86, while its 200-day Moving Average is $4.71. Now, the first resistance to watch is $6.11. This is followed by the second major resistance level at $6.22. The third major resistance level sits at $6.29. If the price goes on to break the first support level at $5.93, it is likely to go to the next support level at $5.86. The third support level lies at $5.75 if the price breaches the second support level.
Teekay Corporation (NYSE: TK) Key Stats
There are currently 98,318K shares outstanding in the company with a market cap of 556.05 million. Presently, the company’s annual sales total 1,190 M according to its annual income of 78,410 K. Last quarter, the company’s sales amounted to 418,700 K and its income totaled 48,760 K.
