Friday, 02 June 2023 01:29 GMT

Teekay Tankers Ltd.: 52-Week High Recently Eclipsed (TNK)

(MENAFN- Investor Brand Network)

Teekay Tankers Ltd. (NYSE:TNK) traded today at a new 52-week high of $23.52. Approximately 247,000 shares have changed hands today, as compared to an average 30-day volume of 356,000 shares.

There is potential upside of 3.7% for shares of Teekay Tankers Ltd. based on a current price of $22.84 and an average consensus analyst price target of $23.69.

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.

In the past 52 weeks, shares of Teekay Tankers Ltd. have traded between a low of $9.89 and a high of $23.52 and is now at $22.84, which is 131% above that low price.

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