The trading price of Teck Resources Ltd (NYSE:TECK) floating lower at last check on Monday, April 22, closing at $45.59, -3.27% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 13.36. In examining the 52-week price action we see that the stock hit a 52-week high of $50.46 and a 52-week low of $34.38. Over the past month, the stock has gained 1.85% in value.
Teck Resources Ltd, whose market valuation is $23.61 billion at the time of this writing. The dividend yield on the company stock is 0.82%, while its Forward Dividend ratio is 0.37. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Teck Resources Ltd No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest TECK has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that TECK’s price is currently -2.22% off the SMA20 and 6.51% off the SMA50. The RSI metric on the 14-day chart is currently showing 48.68, and weekly volatility stands at 3.16%. When measured over the past 30 days, the indicator reaches 3.17%. Teck Resources Ltd (NYSE:TECK)’s beta value is currently sitting at 1.13, while the Average True Range indicator is currently displaying 1.56.
To see how Teck Resources Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: TECK stock’s performance was -3.27% at last check in today’s session, and -2.10% in the past year. Teck Resources Ltd has a P/E ratio of 13.36.
An evaluation of the daily trading volume of Teck Resources Ltd (NYSE:TECK) indicates that the 3-month average is 4.02 million.
Currently, records show that 509.67 million of the company’s shares remain outstanding. The insiders hold 2.63% of outstanding shares, whereas institutions hold 75.47%. However, since the stock’s price has seen 7.85% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
