A share price of Teekay Corporation Ltd. [TK] is currently trading at $9.52, up 0.32%. An important factor to consider is whether the stock is rising or falling in short-term value. The TK shares have gain 3.48% over the last week, with a monthly amount glided 20.51%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Teekay Corporation Ltd. [NYSE: TK] stock has seen the most recent analyst activity on October 22, 2018, when BofA/Merrill initiated its Buy rating and assigned the stock a price target of $8. Previously, Morgan Stanley downgraded its rating to Underweight on June 09, 2017. On December 21, 2015, downgrade downgraded it’s rating to Mkt Perform. Wells Fargo downgraded its rating to a Market Perform. Seaport Global Securities downgraded its rating to a Neutral. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on December 17, 2015, and downed its price target to $16. In a note dated December 17, 2015, Credit Suisse downgraded an Neutral rating on this stock.
Teekay Corporation Ltd. experienced fluctuations in its stock price throughout the past year between $5.75 and $9.95. Teekay Corporation Ltd. [NYSE: TK] shares were valued at $9.52 at the most recent close of the market.
Analyzing the TK fundamentals
Trailing Twelve Months sales for Teekay Corporation Ltd. [NYSE:TK] were 1.34B which represents -17.52% decline. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.2 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.44 points at the first support level, and at 9.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.57, and for the 2nd resistance point, it is at 9.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Teekay Corporation Ltd. [NYSE:TK] is 8.99. On the other hand, the Quick Ratio is 8.56, and the Cash Ratio is 5.96. Considering the valuation of this stock, the price to sales ratio is 0.65, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 6.04.
Transactions by insiders
Recent insider trading involved Speers Brody, Officer, that happened on Sep 24 ’24 when 8679.0 shares were purchased. Director, Semple Alan completed a deal on Aug 29 ’24 to buy 33487.0 shares. Meanwhile, Director Antturi Peter bought 27848.0 shares on Aug 14 ’24.
