Teekay Tankers Ltd (NYSE: TNK) kicked off on Tuesday, down -0.11% from the previous trading day, before settling in for the closing price of $46.17. Over the past 52 weeks, TNK has traded in a range of $33.35-$74.20.
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Energy Sector giant saw their annual sales surged by 14.63% over the last five years. While this was happening, its average annual earnings per share was recorded -31.72%. With a float of $23.70 million, this company’s outstanding shares have now reached $29.73 million.
The firm has a total of 2000 workers. Let’s measure their productivity. 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Teekay Tankers Ltd is 31.07%, while institutional ownership is 51.69%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -31.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.32% 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
Take a look at Teekay Tankers Ltd’s (TNK) current performance indicators. Last quarter, stock had a quick ratio of 5.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.40. Likewise, its price to free cash flow for the trailing twelve months is 4.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.32, a number that is poised to hit 1.14 in the next quarter and is forecasted to reach 7.38 in one year’s time.
Technical Analysis of Teekay Tankers Ltd (TNK)
Analysing the last 5-days average volume posted by the [Teekay Tankers Ltd, TNK], we can find that recorded value of 0.64 million was better than the volume posted last year of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 91.46%. Additionally, its Average True Range was 1.80.
During the past 100 days, Teekay Tankers Ltd’s (TNK) raw stochastic average was set at 85.02%, which indicates a significant decrease from 88.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.80% in the past 14 days, which was lower than the 48.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.96, while its 200-day Moving Average is $46.56. Now, the first resistance to watch is $47.04. This is followed by the second major resistance level at $47.95. The third major resistance level sits at $48.60. If the price goes on to break the first support level at $45.48, it is likely to go to the next support level at $44.83. Should the price break the second support level, the third support level stands at $43.92.
Teekay Tankers Ltd (NYSE: TNK) Key Stats
The company with the Market Capitalisation of 1.59 billion has total of 34,300K Shares Outstanding. Its annual sales at the moment are 1,229 M in contrast with the sum of 403,670 K annual income. Company’s last quarter sales were recorded 351,130 K and last quarter income was 93,110 K.
