On Friday, Teekay Tankers Ltd (NYSE: TNK) opened lower -1.03% from the last session, before settling in for the closing price of $40.85. Price fluctuations for TNK have ranged from $36.04 to $74.20 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 topped by 19.86%. Company’s average yearly earnings per share was noted -29.97% at the time writing. With a float of $23.59 million, this company’s outstanding shares have now reached $29.70 million.
The extent of productivity of a business whose workforce counts for 1590 workers is very important to gauge. In terms of profitability, gross margin is 36.95%, operating margin of 32.79%, and the pretax margin is 35.35%.
Teekay Tankers Ltd (TNK) Insider Updates
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 Tankers Ltd is 31.22%, while institutional ownership is 51.32%. The most recent insider transaction that took place on Dec 23 ’24, was worth 232,201. Before that another transaction happened on Dec 04 ’24, when Company’s Director proposed sale 4,380 for $32.46, making the entire transaction worth $142,153.
Teekay Tankers Ltd (TNK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -29.97% per share during the next fiscal year.
Teekay Tankers Ltd (NYSE: TNK) Trading Performance Indicators
Check out the current performance indicators for Teekay Tankers Ltd (TNK). In the past quarter, the stock posted a quick ratio of 6.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 3.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.18, a number that is poised to hit 1.47 in the next quarter and is forecasted to reach 7.79 in one year’s time.
Technical Analysis of Teekay Tankers Ltd (TNK)
The latest stats from [Teekay Tankers Ltd, TNK] show that its last 5-days average volume of 0.39 million was inferior to 0.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.29%. Additionally, its Average True Range was 1.66.
During the past 100 days, Teekay Tankers Ltd’s (TNK) raw stochastic average was set at 16.62%, which indicates a significant decrease from 21.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.03% in the past 14 days, which was lower than the 38.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.95, while its 200-day Moving Average is $54.43. Now, the first resistance to watch is $41.65. This is followed by the second major resistance level at $42.87. The third major resistance level sits at $43.89. If the price goes on to break the first support level at $39.41, it is likely to go to the next support level at $38.39. Assuming the price breaks the second support level, the third support level stands at $37.17.
Teekay Tankers Ltd (NYSE: TNK) Key Stats
There are currently 34,300K shares outstanding in the company with a market cap of 1.39 billion. Presently, the company’s annual sales total 1,364 M according to its annual income of 513,670 K. Last quarter, the company’s sales amounted to 243,280 K and its income totaled 58,820 K.
