Teekay Tankers Ltd (TNK) concluded trading on Thursday at a closing price of $44.25, with 0.44 million shares of worth about $19.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.35% during that period and on July 03, 2025 the price saw a gain of about 2.22%. Currently the company’s common shares owned by public are about 29.76M shares, out of which, 23.79M shares are available for trading.
Stock saw a price change of 1.75% in past 5 days and over the past one month there was a price change of 0.02%. Year-to-date (YTD), TNK shares are showing a performance of -34.49% which increased to 13.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.64 but also hit the highest price of $68.51 during that period. The average intraday trading volume for Teekay Tankers Ltd shares is 597.64K. The stock is currently trading -0.51% below its 20-day simple moving average (SMA20), while that difference is up 0.50% for SMA50 and it goes to 2.40% higher than SMA200.
Teekay Tankers Ltd (NYSE: TNK) currently have 29.76M outstanding shares and institutions hold larger chunk of about 52.17% of that.
The stock has a current market capitalization of $1.53B and its 3Y-monthly beta is at -0.10. PE ratio of stock for trailing 12 months is 4.74, while it has posted earnings per share of $9.33 in the same period. It has Quick Ratio of 7.72 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TNK, volatility over the week remained 3.31% while standing at 3.51% over the month.
Stock’s fiscal year EPS is expected to drop by -32.73% while it is estimated to increase by 1.60% in next year. EPS is likely to shrink at an annualized rate of -1.51% for next 5-years, compared to annual growth of 56.72% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on November 13, 2024 offering an Underperform rating for the stock and assigned a target price range of between $51 and $46 to it. On January 19, 2024, BofA Securities Upgrade their recommendations, while on July 21, 2022, Jefferies Initiated their ratings for the stock with a price target of $25. Stock get a Buy rating from Jefferies on April 27, 2022.
