Teekay LNG Stock Hits New 52-Week Low (TGP)
NEW YORK (TheStreet) -- Teekay LNG Partners (NYSE:TGP) hit a new 52-week low Monday as it is currently trading at $30.10, below its previous 52-week low of $30.53 with 107,622 shares traded as of 10:42 a.m. ET. Average volume has been 146,400 shares over the past 30 days. Teekay LNG has a market cap of $1.8 billion and is part of the services sector and transportation industry. Shares are down 14.9% year to date as of the close of trading on Friday. Teekay LNG Partners L.P. provides marine transportation services for liquefied natural gas, liquefied petroleum gas, and crude oil worldwide. The company has a P/E ratio of 22.6, below the average transportation industry P/E ratio of 23.7 and above the S&P 500 P/E ratio of 17.7.
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