Theres a lot to be optimistic about in the Conglomerates sector as 1 analysts just weighed in on and Teekay Tankers (TNK) with The post Analysts Offer Insights on Conglomerates Companies: and Teekay Tankers (TNK) appeared first on Smarter Analyst .
The tanker market is still expected to face some headwinds moving forward, but as the global economy recovers, so will oil demand. In a recent market analysis, ship owner Teekay Tankers said that crude tanker spot rates remained under pressure during the first quarter of 2021 due to the ongoing impact of the COVID-19 pandemic The post Tanker Market Facing Short-Term Challenges, But Outlook Still Positive Says Ship Owner first appeared on Hellenic Shipping News Worldwide .
H.C. The post H.C. Wainwright Reiterates a Buy Rating on Teekay Tankers (TNK) appeared first on Smarter Analyst .
Shares of Teekay Tankers (NYSE: TNK ) fell 0.7% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 119.88% over the past year to ($0.65), which beat the estimate of ($0.80). Revenue of $142,749,000 declined by 35.89% from the same period last year, which beat the estimate Full story available on Benzinga.com
HAMILTON, Bermuda (AP) _ Teekay Tankers Ltd. (TNK) on Thursday reported a first-quarter loss of $21.4 million, after reporting a profit in the same period a year earlier. The Hamilton, Bermuda-based company said it had a loss of 63 cents per share. Losses, adjusted for non-recurring gains, were 65 cents per share. The results exceeded 
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Wall Street brokerages expect that Teekay Tankers Ltd. (NYSE:TNK) will report $81.15 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Teekay Tankers earnings. The lowest sales estimate is $74.50 million and the highest is $87.79 million. Teekay Tankers reported sales of $222.66 million during the same 
Teekay Tankers announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Teekay Tankers Ltd. Class A shares closed the week 12.1% higher than it did at the end of last week. The stock is currently down 45.7% year-to-date, down 37.7% over the past 12 months, and down 74.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 rose 0.0%. Trading Activity Shares traded as high as $13.37 and as low as $11.73 this week. Shares closed 5e+1% below its 52-week high and 3e+1% above its 52-week low. Trading volume this week was 55.4% higher than the 10-day average and 55.7% higher than the 30-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 0.0% higher than its 5-day moving average, 4.8% higher than its 20-day moving average, and 4.8% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -52.2% The company's performance over the last 1 year lags its average peer by 42.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to email@example.com. © 2020 Kwhen Inc.
Global childcare group Busy Bees has entered the race for local ASX-listed group Think Childcare, submitting a conditional $1.75 a share offer that exceeds Alceon’s initial bid by almost a third.
Think Childcare (ASX:TNK) has received a takeover offer from Australian private equity firm Alceon Group. The board is comtemplating the offer.
Teekay Tankers (NYSE:TNK) had its target price trimmed by Jefferies Financial Group from $24.00 to $20.00 in a report released on Friday, Analyst Ratings Network reports. The firm currently has a buy rating on the shipping company’s stock. Several other equities research analysts also recently issued reports on TNK. BofA Securities downgraded Teekay Tankers from […]
Zacks Investment Research lowered shares of Teekay Tankers (NYSE:TNK) from a hold rating to a sell rating in a report published on Saturday, Zacks.com reports. According to Zacks, “Teekay Tankers Ltd. is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd. owns a fleet […]