Shares of Teekay Co. (NYSE:TK) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.03 and traded as high as $5.09. Teekay shares last traded at $5.04, with a volume of 29,868 shares.
Separately, ValuEngine upgraded shares of Teekay from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.
The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.67 and a current ratio of 0.67. The stock’s 50 day moving average is $4.72 and its two-hundred day moving average is $4.03.
About Teekay (NYSE:TK)
Teekay Corporation provides crude oil and gas marine transportation; offshore oil production; and storage and offloading services in Bermuda and internationally. It operates shuttle tankers; floating production, storage, and offloading units; floating storage and offloading units; HiLoad dynamic positioning units; long-distance towing and offshore installation vessels; and conventional tankers.
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