Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Teekay Corporation Ltd shares valued at $150,372 were purchased by Antturi Peter on Feb 25 ’25. At $6.80 per share, Antturi Peter acquired 22,099 shares.
Also, DAVID ALFRED SCHELLENBERG purchased 27,244 shares, netting a total of over 177,680 in proceeds.
Before that, DAVID ALFRED SCHELLENBERG had added 197,715 shares to its account. In a trade valued at $1,252,323, the Director bought Teekay Corporation Ltd shares for $6.33 each.
As published in their initiating research note from BofA/Merrill on October 22, 2018, Teekay Corporation Ltd [TK] has been a Buy and the price target has been revised to $8. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in early June. As of December 21, 2015, Raymond James has decreased its “Strong buy” rating to a “Mkt perform” for TK. Earlier on December 17, 2015, Wells Fargo downgraded its rating. Their new recommendation was “a Market perform” for TK stock which previously was a “an Outperform”.
Analyzing TK Stock Performance
During the last five days, there has been a surge of approximately 5.56%. Over the course of the year, Teekay Corporation Ltd shares have dropped approximately -4.18%. Shares of the company reached a 52-week high of $7.82 on 01/13/25 and a 52-week low of $5.65 on 04/07/25. A 50-day SMA is recorded $6.58, while a 200-day SMA reached $7.53.
Support And Resistance Levels for Teekay Corporation Ltd (TK)
According to the 24-hour chart, there is a support level at 6.52, which, if violated, would cause prices to drop to 6.40. In the upper region, resistance lies at 6.71. The next price resistance is at 6.78. RSI (Relative Strength Index) is 53.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 2.86%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
