Teekay (NYSE:TK - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, October 30th. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Teekay (NYSE:TK - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The shipping company reported $0.35 earnings per share (EPS) for the quarter. Teekay had a net margin of 11.18% and a return on equity of 7.03%. The firm had revenue of $326.14 million during the quarter.
Teekay Price Performance
NYSE TK traded down $0.34 during mid-day trading on Wednesday, reaching $7.89. 993,965 shares of the stock were exchanged, compared to its average volume of 658,516. Teekay has a one year low of $6.41 and a one year high of $9.95. The stock has a 50 day simple moving average of $8.59 and a 200-day simple moving average of $8.48. The stock has a market cap of $717.13 million, a P/E ratio of 4.88 and a beta of 0.60.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Teekay from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, August 28th.
Read Our Latest Research Report on TK
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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