Teekay Tankers Ltd (NYSE: TNK) started the day on Wednesday, with a price increase of 10.34% at $59.02, before settling in for the price of $53.49 at the close. Taking a more long-term approach, TNK posted a 52-week range of $32.64-$63.71.
The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 56.72%. Meanwhile, its Annual Earning per share during the time was 56.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -35.70%. This publicly-traded company’s shares outstanding now amounts to $29.90 million, simultaneously with a float of $23.79 million. The organization now has a market capitalization sitting at $2.04 billion. At the time of writing, stock’s 50-day Moving Average stood at $57.39, while the 200-day Moving Average is $48.63.
Teekay Tankers Ltd (TNK) Earnings and Revenue Records
Teekay Tankers Ltd’s EPS decrease for this current 12-month fiscal period is -35.70% and is forecasted to reach 6.75 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -15.09% through the next 5 years, which can be compared against the 56.72% growth it accomplished over the previous five years trading on the market.
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 8.47. Alongside those numbers, its PE Ratio stands at $6.55, and its Beta score is -0.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.14. Similarly, its price to free cash flow for trailing twelve months is now 20.38.
In the same vein, TNK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.01, a figure that is expected to reach 2.46 in the next quarter, and analysts are predicting that it will be 6.75 at the market close of one year from today.
Technical Analysis of Teekay Tankers Ltd (TNK)
If we take a close look at the recent performances of Teekay Tankers Ltd (NYSE: TNK), its last 5-days Average volume was 0.48 million that shows plunge from its year to date volume of 0.53 million. During the previous 9 days, stock’s Stochastic %D was recorded 61.02% While, its Average True Range was 72.13.
Raw Stochastic average of Teekay Tankers Ltd (TNK) in the period of the previous 100 days is set at 76.75%, which indicates a major fall in contrast to 94.84% 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 1.53 that was lower than 1.57 volatility it exhibited in the past 100-days period.
