user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 454093 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of Teekay Under Pressure, Down 1.2%

Published on Wed, 03/06/2013 - 11:32
By Mallory Stone

Teekay (NYSE:TK) is one of today's notable stocks in decline, down 1.2% to $34.75. The S&P is currently trading fractionally higher to 1,542 and the Dow Jones Industrial Average is trading 0.3% higher to 14,293.

Teekay Corporation provides international crude oil and petroleum product transportation services to major oil companies, major oil traders, and government agencies. The Company provides its services through a fleet of medium size oil tankers worldwide.

Teekay share prices have moved between a 52-week high of $36.69 and a 52-week low of $24.98 and are now trading 39% above that low price at $34.75 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.2%.

Teekay (NYSE:TK) has potential upside of 3.6% based on a current price of $34.75 and analysts' consensus price target of $36.00. The stock should discover initial support at its 50-day moving average (MA) of $34.36 and subsequent support at its 200-day MA of $31.26.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Crown Castle International Makes a Move:...

Crown Castle International (NYSE:CCI) is one of today's notable stocks on the rise, up ...

Bon-Ton Stores's Shares Changing Hands a...

Shares of Bon-Ton Stores are trading today in above average volume, with the share pric ...

Shares of Hewlett-Packard Are Moving Hig...

Hewlett-Packard shares are trading on heavy volume today, having risen 5.1% to $36.90. ...

Stock Investors Bid Up Shares of Masimo,...

Up 1.3% to $21.98, Masimo (NASDAQ:MASI), is one of today's notable movers. The S&P is ...

Top 5 Performing Dow Stocks (INTC, JPM, ...

Below are the top five performing stocks in the Dow Jones Industrials Index. These comp ...

Trading Higher on Heavy Volume are Share...

Shares of eBay are trading today in above average volume, with the share price rising 4 ...

Hanmi Financial Shares Climbing Higher, ...

One of today's stocks on the move is Hanmi Financial (NASDAQ:HAFC), up 1.4% to $20.74. ...

Top 5 Performing Stocks in the S&P 500 (...

Below are the top five performing stocks in the S&P 500 INDEX,RTH. These companies shou ...