Teck Resources Ltd (NYSE: TECK) Emerges As Guiding Light For Investors

Teck Resources Ltd (NYSE:TECK) currently has a daily average trading volume of 3.11M but it saw 2282936 shares traded in last market. With a market cap of 23.34B USD, the company’s current market price of $44.91 came rising about 3.08 while comparing to the previous closing price of $43.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.13 and as low as $34.38. In the recent trading on the day, stock has struck highest price mark of $44.02 while lowest mark touched by it was $45.155.

Taking a look at 20-day trading activity of Teck Resources Ltd (TECK) gives us an average price of $46.80, while its current price level is -18.54% below from 52-week high level whereas it is 30.65% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $48.11 while that of 200 days or SMA-200 reads an average of $43.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.13% during that period while stretching the period over a month that decreases to 4.01%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.58 which implies that the stock is in neutral territory.

Over the week, TECK’s stock price is moving -4.69% down while it is -9.58% when we observe its performance for the past one month. Year-to-date it is 6.25% up and over the past year, the stock is showing an upside performance of 7.36%.

Currently, Teck Resources Ltd’s total number of outstanding shares is 509.67M. Company’s return on investment (ROI) stands at 3.95% and return on equity (ROE) at 5.49%. It has a price to earnings ratio (P/E ratio) of 21.85 while having a 22.54 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 2.03. Its return on asset (ROA) is 2.60% on average.