TNK Stock Recent News
TNK LATEST HEADLINES
Teekay Tankers (TNK) reachead $64.99 at the closing of the latest trading day, reflecting a -1.84% change compared to its last close.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Teekay Tankers (TNK) closed the most recent trading day at $65.32, moving -0.44% from the previous trading session.
Global transport stocks have outperformed the S&P 500, with the US Global Sea to Sky Cargo ETF up 36% YoY. Teekay Tankers leads the performance with its strong balance sheet, EPS growth, debt-free status, and a recent special dividend. While EPS may top out here, TNK sports strong free cash flow, solid valuation multiples, and technical chart support suggesting continued upside.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The latest trading day saw Teekay Tankers (TNK) settling at $69.73, representing a -2% change from its previous close.
From a technical perspective, Teekay Tankers (TNK) is looking like an interesting pick, as it just reached a key level of support. TNK recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Teekay Tankers (TNK) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Let us take a look at four top-ranked stocks, GCT, GLDD, STRA and TNK, with stellar net profit margins that can help create a winning portfolio.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.