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NYSE: TNK
Teekay Tankers Ltd. (TNK) stock, explained like you're 5
Teekay Tankers Ltd. trades on the New York Stock Exchange under the ticker TNK. It is a mid cap company in the marine transportation industry, part of the consumer cyclical sector, with a market value of about 3.7 billion dollars.
- Ticker
- TNK
- Exchange
- New York Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Marine Transportation
- Size
- Mid cap, about 3.7 billion dollars
Is Teekay Tankers Ltd. a small, medium or large cap company?
No. Teekay Tankers Ltd. is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 3.7 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Teekay Tankers Ltd. makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves TNK stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- Teekay (TK) Stock Still Looks Like A Bargain Today (Yahoo Finance)
- Does Higher Tanker Rates Change The Bull Case For Teekay Tankers Stock (TNK)? (Simply Wall Street)
- Teekay Tankers Ltd stock hits 52 week high at 109.0 USD (Investing.com)
- How (TNK) Movements Inform Risk Allocation Models (Stock Traders Daily)
- Teekay Tankers (TNK) Could Be 13% Overvalued As Shipping Route Disruptions Lift Rates (Yahoo Finance)
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Questions about Teekay Tankers Ltd. stock
What does Teekay Tankers Ltd. do?
Teekay Tankers Ltd. trades on the New York Stock Exchange under the ticker TNK. It is a mid cap company in the marine transportation industry, part of the consumer cyclical sector, with a market value of about 3.7 billion dollars.
What is the ticker symbol for Teekay Tankers Ltd.?
Teekay Tankers Ltd. trades under the ticker TNK on the New York Stock Exchange.
What is Teekay Tankers Ltd.'s market cap?
Teekay Tankers Ltd. is a mid cap stock with a market cap of about 3.7 billion dollars.
How does Teekay Tankers Ltd. make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves TNK stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow TNK stock every day?
Add TNK to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.