Teekay Tankers Ltd. (TNK) Jumps: Stock Adds 10.9% in Session - Tale of the Tape

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Teekay Tankers Ltd. TNK was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.46 to $3.88 over the past one-month time frame.

None of the estimates for this shipping stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged during the same time frame.  The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Teekay Tankers carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same sector include China COSCO Holdings Company Limited (CICOY), Euroseas, Ltd. ESEA and Global Ship Lease, Inc. GSL. All these stocks hold a Zacks Rank #2 (Buy).

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Click to get this free report

TEEKAY TANKERS TNK: Free Stock Analysis Report

CHINA COSCO HLD (CICOY): Get Free Report

EUROSEAS LTD ESEA: Free Stock Analysis Report

GLOBAL SHIP LS GSL: Get Free Report

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