Teekay Corporation (TK) had a good day on the market for Tuesday October 22 as shares jumped 23.66% to close at $5.07. About 3.45 million shares traded hands on 14,435 trades for the day, compared with an average daily volume of n/a shares out of a total float of 100.78 million. After opening the trading day at $4.29, shares of Teekay Corporation stayed within a range of $5.12 to $4.23.
With today’s gains, Teekay Corporation now has a market cap of $510.98 million. Shares of Teekay Corporation have been trading within a range of $7.49 and $2.82 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Teekay Corp is a US based company engaged in providing crude oil and gas marine transportation services. In addition, it also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), liquefied gas carriers (LNG and LPG carriers) and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.
Teekay Corporation is based out of Hamilton, and has some 5,580 employees. Its CEO is Kenneth Hvid.
