Teekay Corporation (TK) Soars 3.72%

Teekay Corporation (TK) Soars 3.72%

Teekay Corporation is a Teekay Corp is a US based company engaged in providing crude oil and gas marine transportation services.

Teekay Corporation (TK) had a good day on the market for Friday November 20 as shares jumped 3.72% to close at $2.23. About 885,003 shares traded hands on 3,328 trades for the day, compared with an average daily volume of n/a shares out of a total float of 101.11 million. After opening the trading day at $2.16, shares of Teekay Corporation stayed within a range of $2.27 to $2.15.

With today’s gains, Teekay Corporation now has a market cap of $225.47 million. Shares of Teekay Corporation have been trading within a range of $5.64 and $1.71 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 Vancouver, BC and has some 5,500 employees. Its CEO is Kenneth Hvid.

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