Teekay (NYSE:TK) Releases Earnings Results

Teekay (NYSE:TKGet Free Report) issued its quarterly earnings data on Wednesday. The shipping company reported $0.19 EPS for the quarter, Zacks reports. Teekay had a net margin of 10.96% and a return on equity of 5.64%. The company had revenue of $161.63 million during the quarter.

Teekay Stock Performance

TK traded up $0.02 on Friday, hitting $6.71. The company had a trading volume of 100,735 shares, compared to its average volume of 645,278. The stock has a market capitalization of $615.79 million, a price-to-earnings ratio of 4.74 and a beta of 0.51. The stock has a fifty day moving average price of $7.00 and a 200-day moving average price of $7.71. Teekay has a 12-month low of $5.98 and a 12-month high of $9.95.

About Teekay

(Get Free Report)

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services.

Further Reading

Earnings History for Teekay (NYSE:TK)

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