Markets
TGP

Teekay LNG Partners (TGP) in Focus: Stock Jumps 10.1%

Teekay LNG Partners LP.TGP was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 19.6% in the past one-month time frame.

This shipping industry stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Teekay LNG Partners. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.

Teekay LNG Partners has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

TEEKAY LNG PTNR Price

TEEKAY LNG PTNR Price | TEEKAY LNG PTNR Quote

However, a better-ranked stock in the same space is Gener8 Maritime Inc. GNRT , sporting a Zacks Rank #1 (Strong Buy).

Is TGP going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

GENER8 MARITIME (GNRT): Free Stock Analysis Report

TEEKAY LNG PTNR (TGP): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

TGP

Other Topics

Investing Stocks

Latest Markets Videos