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Teekay Tankers Ltd. (NYSE:TNK) traded at a new 52-week high today of $23.49. This new high was reached on approximately average trading volume as 278,000 shares traded hands, while the average 30-day volume is approximately 346,000 shares.
In the past 52 weeks, shares of Teekay Tankers Ltd. have traded between a low of $9.89 and a high of $23.49 and is now at $23.06, which is 133% above that low price.
Based on a current price of $23.06, Teekay Tankers Ltd. is currently 0.4% above its average consensus analyst price target of $22.98.
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.
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