Teekay (NYSE:TK) Issues Earnings Results

Teekay (NYSE:TK) announced its quarterly earnings data on Wednesday. The shipping company reported $0.19 EPS for the quarter, Zacks reports. Teekay had a return on equity of 6.56% and a net margin of 11.05%.

Teekay Stock Down 0.6 %

Shares of NYSE:TK opened at $6.98 on Thursday. The stock has a market cap of $640.58 million, a price-to-earnings ratio of 4.65 and a beta of 0.51. Teekay has a 12-month low of $5.98 and a 12-month high of $9.95. The business’s 50 day moving average is $6.99 and its 200 day moving average is $7.72.

About Teekay

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.