Teekay Tankers Ltd’s recent filing unveils that its Director DU MOULIN RICHARD T acquired Company’s shares for reported $0.25 million on Feb 26 ’25. In the deal valued at $40.16 per share,6,347 shares were bought.
Then, Antturi Peter bought 1,501 shares, generating $60,430 in total proceeds.
Before that, DAVID ALFRED SCHELLENBERG bought 6,000 shares. Teekay Tankers Ltd shares valued at $232,201 were divested by the Director at a price of $38.70 per share.
BofA Securities downgraded its Teekay Tankers Ltd [TNK] rating to an Underperform from a a Neutral in a research note published on November 13, 2024; the price target was decreased to $46 from $51. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. BofA Securities also remained covering TNK and has increased its forecast on January 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Jefferies started covering the stock on July 21, 2022. It rated TNK as “a Buy”.
Price Performance Review of TNK
On Tuesday, Teekay Tankers Ltd [NYSE:TNK] saw its stock jump 0.71% to $45.66. Over the last five days, the stock has lost -1.00%. Teekay Tankers Ltd shares have risen nearly 14.75% since the year began. Nevertheless, the stocks have fallen -32.23% over the past one year. While a 52-week high of $74.20 was reached on 01/13/25, a 52-week low of $33.35 was recorded on 04/04/25. SMA at 50 days reached $39.63, while 200 days put it at $46.08.
Levels Of Support And Resistance For TNK Stock
The 24-hour chart illustrates a support level at 44.87, which if violated will result in even more drops to 44.08. On the upside, there is a resistance level at 46.08. A further resistance level may holdings at 46.51. The Relative Strength Index (RSI) on the 14-day chart is 63.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.69%. Stochastics %K at 78.85% indicates the stock is a holding.
