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After finishing at $6.97 in the prior trading day, Teekay Corporation Ltd (NYSE: TK) closed at $6.85, down -1.72%. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 0.69 million shares were traded. TK stock price reached its highest trading level at $6.97 during the session, while it also had its lowest trading level at $6.76.
Ratios:
Our goal is to gain a better understanding of TK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.17. For the most recent quarter (mrq), Quick Ratio is recorded 6.52 and its Current Ratio is at 6.84. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 23 ’24 when DAVID ALFRED SCHELLENBERG bought 27,244 shares for $6.52 per share.
DAVID ALFRED SCHELLENBERG bought 197,715 shares of TK for $1,252,323 on Dec 20 ’24. On Sep 24 ’24, another insider, Speers Brody, who serves as the Officer of the company, bought 8,679 shares for $9.13 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 600696320 and an Enterprise Value of 1122969344. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 0.862 whereas that against EBITDA is 2.46.
Stock Price History:
The Beta on a monthly basis for TK is 0.44, which has changed by -0.21264368 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, TK has reached a high of $8.65, while it has fallen to a 52-week low of $5.98. The 50-Day Moving Average of the stock is 0.87%, while the 200-Day Moving Average is calculated to be -4.76%.
Shares Statistics:
The stock has traded on average 995.02K shares per day over the past 3-months and 804790 shares per day over the last 10 days, according to various share statistics. A total of 87.69M shares are outstanding, with a floating share count of 58.63M. Insiders hold about 36.15% of the company’s shares, while institutions hold 42.14% stake in the company. Shares short for TK as of 1735603200 were 893897 with a Short Ratio of 0.90, compared to 1732838400 on 559709. Therefore, it implies a Short% of Shares Outstanding of 893897 and a Short% of Float of 1.6099999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.31. The current Payout Ratio is 0.00% for TK, which recently paid a dividend on 2019-01-31 with an ex-dividend date of 1733270400. Stock splits for the company last occurred on 2004-05-18 when the company split stock in a 2:1 ratio.
