Daily Progress: Teekay Corporation Ltd. (TK) Drop -1.82, Closing at 9.19

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In the latest session, Teekay Corporation Ltd. (NYSE: TK) closed at $9.19 down -1.82% from its previous closing price of $9.36. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 0.68 million shares were traded. TK stock price reached its highest trading level at $9.33 during the session, while it also had its lowest trading level at $9.15.

Ratios:

For a deeper understanding of Teekay Corporation Ltd.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.52. For the most recent quarter (mrq), Quick Ratio is recorded 8.56 and its Current Ratio is at 8.99. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA/Merrill on October 22, 2018, initiated with a Buy rating and assigned the stock a target price of $8.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 24 ’24 when Speers Brody bought 8,679 shares for $9.13 per share.

Semple Alan bought 33,487 shares of TK for $273,907 on Aug 29 ’24. On Aug 14 ’24, another insider, Antturi Peter, who serves as the Director of the company, bought 27,848 shares for $7.50 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TK now has a Market Capitalization of 843971904 and an Enterprise Value of 1348278272. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 1.005 whereas that against EBITDA is 2.803.

Stock Price History:

Over the past 52 weeks, TK has reached a high of $9.95, while it has fallen to a 52-week low of $6.37. The 50-Day Moving Average of the stock is 9.54%, while the 200-Day Moving Average is calculated to be 11.85%.

Shares Statistics:

For the past three months, TK has traded an average of 633.06K shares per day and 865860 over the past ten days. A total of 91.01M shares are outstanding, with a floating share count of 58.63M. Insiders hold about 36.15% of the company’s shares, while institutions hold 49.16% stake in the company. Shares short for TK as of 1726185600 were 743008 with a Short Ratio of 1.17, compared to 1723680000 on 956056. Therefore, it implies a Short% of Shares Outstanding of 743008 and a Short% of Float of 1.25.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 5.31.

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