Teck Resources Ltd (NYSE:TECK) currently has a daily average trading volume of 2.94M but it saw 3981163 shares traded in last market. With a market cap of 33.03B USD, the company’s current market price of $45.38 came rising about 1.09 while comparing to the previous closing price of $44.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $54.69 and as low as $34.28. In the recent trading on the day, stock has struck highest price mark of $44.65 while lowest mark touched by it was $45.88.
Taking a look at 20-day trading activity of Teck Resources Ltd (TECK) gives us an average price of $47.95, while its current price level is -17.03% below from 52-week high level whereas it is 32.36% 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 $48.70 while that of 200 days or SMA-200 reads an average of $46.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.13% during that period while stretching the period over a month that decreases to 2.73%. 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 39.38 which implies that the stock is in neutral territory.
Deutsche Bank downgraded its recommendation for the stock as a “Hold” from “Buy” on October 25, 2024 while assigning a price target of $50.
Over the week, TECK’s stock price is moving -11.12% down while it is -9.80% when we observe its performance for the past one month. Year-to-date it is 8.22% up and over the past year, the stock is showing an upside performance of 24.88%.
Currently, Teck Resources Ltd’s total number of outstanding shares is 509.67M. Company’s return on investment (ROI) stands at 1.34% and return on equity (ROE) at 1.68%. It has a price to earnings ratio (P/E ratio) of 72.72 while having a 25.64 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 1.27 while price to sale or P/S ratio amounts to 3.03. Its return on asset (ROA) is 0.88% on average.
