Teck Resources Ltd (TECK) At $47.07 Offering A Unique Opportunity

Teck Resources Ltd (NYSE:TECK) currently has a daily average trading volume of 2.92M but it saw 2015439 shares traded in last market. With a market cap of 24.46B USD, the company’s current market price of $47.07 came falling about -3.66 while comparing to the previous closing price of $48.86. 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 $46.945 while lowest mark touched by it was $47.92.

Taking a look at 20-day trading activity of Teck Resources Ltd (TECK) gives us an average price of $47.10, while its current price level is -14.62% below from 52-week high level whereas it is 36.93% 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 $47.68 while that of 200 days or SMA-200 reads an average of $44.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.86% during that period while stretching the period over a month that increases to 2.96%. 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 47.20 which implies that the stock is in neutral territory.

Over the week, TECK’s stock price is moving -3.78% down while it is -0.74% when we observe its performance for the past one month. Year-to-date it is 11.36% up and over the past year, the stock is showing an upside performance of 17.18%.

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 22.90 while having a 24.16 of forward P/E ratio. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 2.13. Its return on asset (ROA) is 2.60% on average.