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Teekay Tankers Ltd.: The Winning Streak Continues (TNK)

Teekay Tankers Ltd. (NYSE:TNK) traded today at a new 52-week high of $26.96. This new high was reached on below average trading volume as 64,000 shares traded hands, while the average 30-day volume is approximately 488,000 shares.

Teekay Tankers Ltd. share prices have moved between a 52-week high of $26.96 and a 52-week low of $9.89 and are now trading 171% above that low price at $26.82 per share.

Teekay Tankers Ltd. has overhead space with shares priced $26.82, or 66.0% below the average consensus analyst price target of $78.98.

Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.

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