Teck Resources Ltd (TECK) volume hits 6.37 million: A New Opening for Investors

Teck Resources Ltd (NYSE: TECK) started the day on Wednesday, with a price increase of 3.30% at $47.86, before settling in for the price of $46.33 at the close. Taking a more long-term approach, TECK posted a 52-week range of $34.38-$49.34.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Basic Materials sector posted annual sales growth of 6.77% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -3.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.09%. This publicly-traded company’s shares outstanding now amounts to $509.67 million, simultaneously with a float of $504.23 million. The organization now has a market capitalization sitting at $24.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.88, while the 200-day Moving Average is $40.15.

Teck Resources Ltd (TECK) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Other Industrial Metals & Mining Industry. Teck Resources Ltd’s current insider ownership accounts for 2.62%, in contrast to 76.25% institutional ownership.

Teck Resources Ltd (TECK) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $1.03 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.

Teck Resources Ltd’s EPS decrease for this current 12-month fiscal period is -4.09% and is forecasted to reach 2.56 in the upcoming year.

Teck Resources Ltd (NYSE: TECK) Trading Performance Indicators

Let’s observe the current performance indicators for Teck Resources Ltd (TECK). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 1.29. Alongside those numbers, its PE Ratio stands at $14.03, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.23.

In the same vein, TECK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.41, a figure that is expected to reach 0.91 in the next quarter, and analysts are predicting that it will be 2.56 at the market close of one year from today.

Technical Analysis of Teck Resources Ltd (TECK)

If we take a close look at the recent performances of Teck Resources Ltd (NYSE: TECK), its last 5-days Average volume was 5.16 million that shows progress from its year to date volume of 3.87 million. During the previous 9 days, stock’s Stochastic %D was recorded 86.28% While, its Average True Range was 1.33.

Raw Stochastic average of Teck Resources Ltd (TECK) in the period of the previous 100 days is set at 99.67%, which indicates a major rise in contrast to 99.08% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.17% that was lower than 32.75% volatility it exhibited in the past 100-days period.