Teck Resources Ltd (NYSE:TECK) currently has a daily average trading volume of 2.98M but it saw 2088123 shares traded in last market. With a market cap of 23.60B USD, the company’s current market price of $45.42 came falling about -0.79 while comparing to the previous closing price of $45.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $54.69 and as low as $36.21. In the recent trading on the day, stock has struck highest price mark of $45.18 while lowest mark touched by it was $45.98.
Taking a look at 20-day trading activity of Teck Resources Ltd (TECK) gives us an average price of $46.64, while its current price level is -16.95% below from 52-week high level whereas it is 25.43% 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 $48.50 while that of 200 days or SMA-200 reads an average of $47.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.69% during that period while stretching the period over a month that decreases to 2.66%. 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 40.87 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 -1.77% down while it is -6.91% when we observe its performance for the past one month. Year-to-date it is 8.31% up and over the past year, the stock is showing an upside performance of 25.03%.
Currently, Teck Resources Ltd’s total number of outstanding shares is 519.60M. 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 72.79 while having a 25.78 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 2.17. Its return on asset (ROA) is 0.88% on average.
