The key reasons why Teck Resources Ltd (TECK) is -12.95% away from 52-week high?

As on Thursday, Teck Resources Ltd (NYSE: TECK) started slowly as it slid -0.52% to $47.99, before settling in for the price of $48.24 at the close. Taking a more long-term approach, TECK posted a 52-week range of $34.38-$55.13.

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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 6.77%. Meanwhile, its Annual Earning per share during the time was -3.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -33.10%. This publicly-traded company’s shares outstanding now amounts to $509.67 million, simultaneously with a float of $504.70 million. The organization now has a market capitalization sitting at $24.87 billion. At the time of writing, stock’s 50-day Moving Average stood at $49.62, while the 200-day Moving Average is $42.54.

Teck Resources Ltd (TECK) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Other Industrial Metals & Mining industry. Teck Resources Ltd’s current insider ownership accounts for 2.60%, in contrast to 73.28% institutional ownership.

Teck Resources Ltd (TECK) Earnings and Revenue Records

Teck Resources Ltd’s EPS decrease for this current 12-month fiscal period is -33.10% and is forecasted to reach 2.27 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -2.05% through the next 5 years, which can be compared against the -3.70% growth it accomplished over the previous five years trading on the market.

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 0.86. The Stock has managed to achieve an average true range (ATR) of 1.30. Alongside those numbers, its PE Ratio stands at $21.12, and its Beta score is 1.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.21.

In the same vein, TECK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.27, a figure that is expected to reach 0.51 in the next quarter, and analysts are predicting that it will be 2.27 at the market close of one year from today.

Technical Analysis of Teck Resources Ltd (TECK)

Through scrutinizing the latest numbers posted by the [Teck Resources Ltd, TECK], it can be observed that its last 5-days Average volume of 1.86 million was lower the volume of 3.66 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 64.66% While, its Average True Range was 1.18.

Raw Stochastic average of Teck Resources Ltd (TECK) in the period of the previous 100 days is set at 61.67%, which indicates a major rise in contrast to 46.82% 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 23.45% that was lower than 36.62% volatility it exhibited in the past 100-days period.