Teck Resources Ltd (NYSE:TECK) currently has a daily average trading volume of 2.99M but it saw 1966723 shares traded in last market. With a market cap of 24.03B USD, the company’s current market price of $46.24 came falling about -0.13 while comparing to the previous closing price of $46.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $54.69 and as low as $34.97. In the recent trading on the day, stock has struck highest price mark of $46.08 while lowest mark touched by it was $47.14.
Taking a look at 20-day trading activity of Teck Resources Ltd (TECK) gives us an average price of $47.03, while its current price level is -15.45% below from 52-week high level whereas it is 32.23% 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 $48.87 while that of 200 days or SMA-200 reads an average of $47.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.71% during that period while stretching the period over a month that increases to 2.55%. 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 44.48 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 -0.88% down while it is -3.28% when we observe its performance for the past one month. Year-to-date it is 10.27% up and over the past year, the stock is showing an upside performance of 26.87%.
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 74.10 while having a 26.03 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 2.20. Its return on asset (ROA) is 0.88% on average.
