Teekay Tankers Ltd (NYSE: TNK) established initial surge of 3.67% at $41.25, before settling in for the price of $39.79 at the close. Taking a more long-term approach, TNK posted a 52-week range of $36.04-$74.20.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 19.86%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -25.58%. This publicly-traded company’s shares outstanding now amounts to $29.70 million, simultaneously with a float of $23.65 million. The organization now has a market capitalization sitting at $1.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $42.62, while the 200-day Moving Average is $56.64.
Teekay Tankers Ltd (TNK) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Teekay Tankers Ltd industry. Teekay Tankers Ltd’s current insider ownership accounts for 31.15%, in contrast to 52.53% institutional ownership.
Teekay Tankers Ltd (TNK) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.85 per share during the current fiscal year.
Teekay Tankers Ltd’s EPS decrease for this current 12-month fiscal period is -25.58% and is forecasted to reach 10.07 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 1.31. Alongside those numbers, its PE Ratio stands at $3.39, and its Beta score is -0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.19. Similarly, its price to free cash flow for trailing twelve months is now 3.23.
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 2.12 in the next quarter, and analysts are predicting that it will be 10.07 at the market close of one year from today.
Technical Analysis of Teekay Tankers Ltd (TNK)
During the previous 9 days, stock’s Stochastic %D was recorded 91.02% While, its Average True Range was 1.30.
Raw Stochastic average of Teekay Tankers Ltd (TNK) in the period of the previous 100 days is set at 19.73%, which indicates a major fall in contrast to 95.95% 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 31.23% that was lower than 31.55% volatility it exhibited in the past 100-days period.
