Shares of Teekay Co. (NYSE:TK - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.23 and traded as high as $7.31. Teekay shares last traded at $7.28, with a volume of 348,993 shares traded.
Teekay Stock Up 0.6 %
The business has a 50 day moving average of $7.82 and a two-hundred day moving average of $7.24. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.03 and a current ratio of 5.33. The stock has a market capitalization of $662.11 million, a PE ratio of 4.76 and a beta of 0.64.
Teekay (NYSE:TK - Get Free Report) last released its quarterly earnings data on Thursday, February 22nd. The shipping company reported $0.34 earnings per share for the quarter. Teekay had a net margin of 10.28% and a return on equity of 9.07%. The firm had revenue of $339.19 million for the quarter.
Institutional Investors Weigh In On Teekay
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers grew its position in shares of Teekay by 1.4% during the second quarter. Rhumbline Advisers now owns 114,795 shares of the shipping company's stock worth $693,000 after buying an additional 1,556 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Teekay by 69.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,745 shares of the shipping company's stock worth $29,000 after acquiring an additional 1,944 shares in the last quarter. Strs Ohio lifted its position in Teekay by 2.6% in the third quarter. Strs Ohio now owns 98,300 shares of the shipping company's stock valued at $606,000 after acquiring an additional 2,500 shares during the last quarter. Stokes Family Office LLC grew its holdings in shares of Teekay by 13.3% during the third quarter. Stokes Family Office LLC now owns 21,749 shares of the shipping company's stock worth $134,000 after purchasing an additional 2,553 shares during the last quarter. Finally, Bell & Brown Wealth Advisors LLC increased its position in shares of Teekay by 1.3% during the second quarter. Bell & Brown Wealth Advisors LLC now owns 205,372 shares of the shipping company's stock worth $1,240,000 after purchasing an additional 2,659 shares in the last quarter. 46.73% of the stock is owned by hedge funds and other institutional investors.
About Teekay
(
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Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services.
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