Teekay Tankers Ltd (NYSE:TNK) currently has a daily average trading volume of 597.64K but it saw 435443 shares traded in last market. With a market cap of 1.53B USD, the company’s current market price of $44.25 came rising about 2.22 while comparing to the previous closing price of $43.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $68.51 and as low as $32.64.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on November 13, 2024, recommending a price target of between $51 and $46 for it. BofA Securities issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $56 and $72.
Over the week, TNK’s stock price is moving 1.75% up while it is 0.02% when we observe its performance for the past one month. Year-to-date it is -34.49% down and over the past year, the stock is showing an upside performance of 13.64%.
Currently, Teekay Tankers Ltd’s total number of outstanding shares is 29.76M. Company’s return on investment (ROI) stands at 17.51% and return on equity (ROE) at 18.57%. It has a price to earnings ratio (P/E ratio) of 4.74 while having a 6.28 of forward P/E ratio. Stock’s beta reads -0.10. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is 16.75% on average.
