Teekay Corporation Ltd’s recent filing unveils that its Officer KENNETH HVID acquired Company’s shares for reported $1.16 million on May 13 ’25. In the deal valued at $8.02 per share,144,970 shares were bought.
Then, KENNETH HVID bought 61,454 shares, generating $493,095 in total proceeds.
Before that, Antturi Peter bought 22,099 shares. Teekay Corporation Ltd shares valued at $150,372 were divested by the Director at a price of $6.80 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 2.01% to $8.14. Over the last five days, the stock has gained 4.49%. Teekay Corporation Ltd shares have risen nearly 17.46% since the year began. Nevertheless, the stocks have risen 8.11% over the past one year. While a 52-week high of $8.65 was reached on 05/13/25, a 52-week low of $5.65 was recorded on 04/07/25. SMA at 50 days reached $6.77, while 200 days put it at $7.47.
Levels Of Support And Resistance For TK Stock
The 24-hour chart illustrates a support level at 7.98, which if violated will result in even more drops to 7.83. On the upside, there is a resistance level at 8.25. A further resistance level may holdings at 8.36. The Relative Strength Index (RSI) on the 14-day chart is 71.50, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.75%. Stochastics %K at 93.58% indicates the stock is a selling.
