On Tuesday, Teck Resources Ltd (NYSE: TECK) opened lower -2.46% from the last session, before settling in for the closing price of $47.60. Price fluctuations for TECK have ranged from $34.28 to $54.69 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 6.77% annually for the last half of the decade. Company’s average yearly earnings per share was noted -52.04% at the time writing. With a float of $506.69 million, this company’s outstanding shares have now reached $509.67 million.
In an organization with 12600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.85%, operating margin of 17.95%, and the pretax margin is 17.49%.
Teck Resources Ltd (TECK) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of Teck Resources Ltd is 2.48%, while institutional ownership is 70.92%.
Teck Resources Ltd (TECK) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.99) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -52.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.24% during the next five years compared to -3.70% drop over the previous five years of trading.
Teck Resources Ltd (NYSE: TECK) Trading Performance Indicators
Check out the current performance indicators for Teck Resources Ltd (TECK). In the past quarter, the stock posted a quick ratio of 2.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.77 in one year’s time.
Technical Analysis of Teck Resources Ltd (TECK)
Let’s dig in a bit further. During the last 5-days, its volume was 3.09 million. That was inferior than the volume of 3.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.99%. Additionally, its Average True Range was 1.76.
During the past 100 days, Teck Resources Ltd’s (TECK) raw stochastic average was set at 38.60%, which indicates a significant increase from 14.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.45% in the past 14 days, which was higher than the 37.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.69, while its 200-day Moving Average is $46.90. However, in the short run, Teck Resources Ltd’s stock first resistance to watch stands at $47.01. Second resistance stands at $47.58. The third major resistance level sits at $48.30. If the price goes on to break the first support level at $45.71, it is likely to go to the next support level at $44.99. The third support level lies at $44.42 if the price breaches the second support level.
Teck Resources Ltd (NYSE: TECK) Key Stats
There are currently 506,133K shares outstanding in the company with a market cap of 33.60 billion. Presently, the company’s annual sales total 11,120 M according to its annual income of 1,785 M. Last quarter, the company’s sales amounted to 2,095 M and its income totaled -512,370 K.
