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Teekay LNG Partners (TGP) in Focus: Stock Moves 16.9% Higher

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Teekay LNG Partners L.P. was a big mover last session, as the company saw its shares rise almost 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 10.8% in the past one-month time frame.

The company has not seen any estimate revisions over the past few weeks/months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked stock in the Transportation - Shipping industry is StealthGas Inc. (GASS), which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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