Witnessing the stock’s movement on the chart, on Wednesday, Teekay Tankers Ltd (NYSE: TNK) had a quiet start as it plunged -0.46% to $40.90, before settling in for the price of $41.09 at the close. Taking a more long-term approach, TNK posted a 52-week range of $40.71-$74.20.
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It was noted that the giant of the Energy sector posted annual sales growth of 20.20% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -24.56%. This publicly-traded company’s shares outstanding now amounts to $29.50 million, simultaneously with a float of $23.65 million. The organization now has a market capitalization sitting at $1.40 billion. At the time of writing, stock’s 50-day Moving Average stood at $51.29, while the 200-day Moving Average is $58.49.
Teekay Tankers Ltd (TNK) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Midstream industry. Teekay Tankers Ltd’s current insider ownership accounts for 31.04%, in contrast to 52.55% institutional ownership.
Teekay Tankers Ltd (TNK) Earnings and Revenue Records
Teekay Tankers Ltd’s EPS decrease for this current 12-month fiscal period is -24.56% and is forecasted to reach 10.98 in the upcoming year.
Teekay Tankers Ltd (NYSE: TNK) Trading Performance Indicators
Let’s observe the current performance indicators for Teekay Tankers Ltd (TNK). It’s Quick Ratio in the last reported quarter now stands at 6.35. The Stock has managed to achieve an average true range (ATR) of 1.29. Alongside those numbers, its PE Ratio stands at $3.36, and its Beta score is -0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.18. Similarly, its price to free cash flow for trailing twelve months is now 3.21.
In the same vein, TNK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 12.18, a figure that is expected to reach 2.27 in the next quarter, and analysts are predicting that it will be 10.98 at the market close of one year from today.
Technical Analysis of Teekay Tankers Ltd (TNK)
Going through the that latest performance of [Teekay Tankers Ltd, TNK]. Its last 5-days volume of 0.37 million indicated improvement to the volume of 0.36 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 11.43% While, its Average True Range was 1.21.
Raw Stochastic average of Teekay Tankers Ltd (TNK) in the period of the previous 100 days is set at 1.36%, which indicates a major fall in contrast to 5.76% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.51% that was lower than 33.16% volatility it exhibited in the past 100-days period.
