Teekay Offshore Partners LP (TOO) Stock Closed at $2.53


Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. - Ordinary Shares (CNIT) has $62.36 million valuation.

Teekay LNG Partners L.P. has a fifty-two week low of $13.27 and a fifty-two week high of $19.90. The company's P/E (price to earnings) ratio is 4.22 and Forward P/E ratio of 5.89. The Firm operates shuttle tankers; towage vessels; floating, production, storage and off-loading units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers. The Business's segments include shuttle tanker segment, FPSO segment, FSO segment, conventional tanker segment, towage segment and UMS segment.

Teekay Offshore Partners LP (NYSE:TOO) has average revenue estimates of $272.04 Million, compared to low analyst estimates of $268.63 Million and high estimates of $275.46 Million for the current quarter. It has underperformed by 60.53% the S&P500. IL bought a new stake in Teekay LNG Partners L.P. during the second quarter worth approximately $139,000. Analysts forecast EPS of $0.19, up exactly $0.22 or 733.33 % from 2014's $-0.03 EPS. This represents a $0.56 annualized dividend and a yield of 3.17%. The value of the company's investment in Teekay Offshore Partners L.P. went from $2,105,000 to $1,608,000 decreasing 23.6% quarter to quarter. ValuEngine cut shares of Teekay LNG Partners L.P. from a "strong-buy" rating to a "buy" rating in a report on Friday, July 28th. The count of Hold ratings in that period was 1. Shareholders of record on Friday, November 3rd were issued a dividend of $0.14 per share.

Investors sentiment decreased to 0.75 in Q2 2017. 431,751 shares or 40.92% less from 730,830 shares in 2017Q1 were reported.

Ratings analysis reveals 56% of Teekay Offshore's analysts are positive. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. TOO was included in 15 notes of analysts from August 4, 2015. UBS AG decreased their price target on shares of Teekay LNG Partners L.P. from $26.00 to $24.00 and set a "buy" rating on the stock in a report on Friday. Stifel Nicolaus reissued a "hold" rating and set a $16.00 target price on shares of Teekay LNG Partners L.P.in a report on Friday, October 13th. Zacks Investment Research raised shares of Teekay LNG Partners L.P. from a "strong sell" rating to a "hold" rating in a report on Thursday, October 5th. Morgan Stanley has "Equal-Weight" rating and $6 target. (TOO) stock is interesting player of Wall Street Market in Friday trading session. The rating was downgraded by Seaport Global Securities on Thursday, December 17 to "Neutral". The company was maintained on Thursday, August 13 by RBC Capital Markets. Also Seekingalpha.com published the news titled: "Teekay Offshore Partners' (TOO) CEO Ingvild Sæther on Q3 2017 Results ..." on November 09, 2017.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 10th.

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