On Friday, Teekay Tankers Ltd (NYSE: TNK) was -3.73% drop from the session before settling in for the closing price of $39.96. A 52-week range for TNK has been $35.23 – $74.20.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 14.63%. When this article was written, the company’s average yearly earnings per share was at -31.65%. With a float of $23.70 million, this company’s outstanding shares have now reached $29.73 million.
Considering the fact that the conglomerate employs 2000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.07%, operating margin of 30.46%, and the pretax margin is 32.87%.
Teekay Tankers Ltd (TNK) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Teekay Tankers Ltd stocks. The insider ownership of Teekay Tankers Ltd is 31.07%, while institutional ownership is 51.77%. The most recent insider transaction that took place on Feb 26 ’25, was worth 254,902. Before that another transaction happened on Feb 24 ’25, when Company’s Director proposed sale 1,501 for $40.26, making the entire transaction worth $60,430.
Teekay Tankers Ltd (TNK) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -31.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.32% during the next five years compared to 56.72% growth over the previous five years of trading.
Teekay Tankers Ltd (NYSE: TNK) Trading Performance Indicators
You can see what Teekay Tankers Ltd (TNK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.32. 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 3.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.32, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 7.40 in one year’s time.
Technical Analysis of Teekay Tankers Ltd (TNK)
Compared to the last year’s volume of 0.48 million, its volume of 0.42 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.16%. Additionally, its Average True Range was 1.62.
During the past 100 days, Teekay Tankers Ltd’s (TNK) raw stochastic average was set at 20.85%, which indicates a significant decrease from 66.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.65% in the past 14 days, which was higher than the 38.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.69, while its 200-day Moving Average is $50.90. Nevertheless, the first resistance level for the watch stands at $39.18 in the near term. At $39.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.26. If the price goes on to break the first support level at $38.10, it is likely to go to the next support level at $37.74. Now, if the price goes above the second support level, the third support stands at $37.03.
Teekay Tankers Ltd (NYSE: TNK) Key Stats
There are 34,300K outstanding shares of the company, which has a market capitalization of 1.32 billion. As of now, sales total 1,229 M while income totals 403,670 K. Its latest quarter income was 258,350 K while its last quarter net income were 82,120 K.
