Company Stock Price of Teekay LNG Partners L.P. (TGP) Increases 1.17%

Teekay LNG Partners L.P. stock performance trend indicates that the stock price has rallied 19.66% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.67% . Looking at the past 52 week period, the stock price is up at 30.16% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Teekay LNG Partners L.P. has a positive value of 32.46 compared to overall market.Teekay LNG Partners L.P. is having a Relative Strength Index of 46.84 which indicates the stock is not yet over sold or over bought based on the technical indicators.

Stocks of Teekay LNG Partners L.P. (NYSE:TGP) rallied by 1.17% during the past week but lost 6.97% on a 4-week basis. The company has outperformed the S&P 500 by 0.93% in the past week but underperformed the index by 8.03% in the last 4 weeks.

Company shares have received an average consensus rating of Hold for the current week Teekay LNG Partners L.P. (NYSE:TGP) : On Friday heightened volatility was witnessed in Teekay LNG Partners L.P. (NYSE:TGP) which led to swings in the share price. The stock opened for trading at $16.45 and hit $18.2 on the upside , eventually ending the session at $17.35, with a gain of 5.47% or 0.9 points. The heightened volatility saw the trading volume jump to 1,329,937 shares. The 52-week high of the share price is $19.9 and the company has a market cap of $1,381 million. The 52-week low of the share price is at $9.47 .

Teekay LNG Partners L.P. is a Marshall Islands partnership recently formed by Teekay Shipping Corporation as part of its strategy to expand its operations in the liquefied natural gas shipping sector. Teekay LNG Partners provides liquefied natural gas and crude oil marine transportation services under long-term, fixed-rate contracts with major energy and utility companies through its fleet of seven LNG carriers and five Suezmax class crude oil tankers.


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