Teekay Corporation Ltd’s recent filing unveils that its Director Antturi Peter acquired Company’s shares for reported $0.15 million on Feb 25 ’25. In the deal valued at $6.80 per share,22,099 shares were bought.
Then, DAVID ALFRED SCHELLENBERG bought 27,244 shares, generating $177,680 in total proceeds.
Before that, DAVID ALFRED SCHELLENBERG bought 197,715 shares. Teekay Corporation Ltd shares valued at $1,252,323 were divested by the Director at a price of $6.33 per share.
BofA/Merrill initiated its Teekay Corporation Ltd [TK] rating to a Buy in a research note published on October 22, 2018; the price target was $8. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early June from “an Equal-weight” to “an Underweight”. Raymond James also remained covering TK and has decreased its forecast on December 21, 2015 with a “Mkt perform” recommendation from previously “Strong buy” rating. Wells Fargo revised its rating on December 17, 2015. It rated TK as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of TK
On Tuesday, Teekay Corporation Ltd [NYSE:TK] saw its stock jump 1.27% to $7.15. Over the last five days, the stock has gained 10.68%. Teekay Corporation Ltd shares have risen nearly 3.17% since the year began. Nevertheless, the stocks have risen 11.89% over the past one year. While a 52-week high of $8.65 was reached on 01/13/25, a 52-week low of $5.65 was recorded on 04/07/25. SMA at 50 days reached $6.57, while 200 days put it at $7.51.
Levels Of Support And Resistance For TK Stock
The 24-hour chart illustrates a support level at 7.08, which if violated will result in even more drops to 7.00. On the upside, there is a resistance level at 7.20. A further resistance level may holdings at 7.24. The Relative Strength Index (RSI) on the 14-day chart is 62.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.49%. Stochastics %K at 96.80% indicates the stock is a selling.
How much short interest is there in Teekay Corporation Ltd?
A steep rise in short interest was recorded in Teekay Corporation Ltd stocks on 2025-04-15, growing by 0.27 million shares to a total of 1.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 0.95 million shares. There was a rise of 22.08%, which implies that there is a positive sentiment for the stock.
