On Tuesday, Teck Resources Ltd (NYSE: TECK) opened lower -1.70% from the last session, before settling in for the closing price of $47.10. Price fluctuations for TECK have ranged from $34.97 to $54.69 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 6.77% over the past five years. Company’s average yearly earnings per share was noted -52.10% at the time writing. With a float of $506.68 million, this company’s outstanding shares have now reached $509.67 million.
Let’s look at the performance matrix of the company that is accounted for 12600 employees. In terms of profitability, gross margin is 26.51%, operating margin of 15.3%, and the pretax margin is 9.0%.
Teck Resources Ltd (TECK) Insider Updates
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 2.49%, while institutional ownership is 72.98%.
Teck Resources Ltd (TECK) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.4 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.41) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -52.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.52% 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 2.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.78 in one year’s time.
Technical Analysis of Teck Resources Ltd (TECK)
Teck Resources Ltd (NYSE: TECK) saw its 5-day average volume 2.19 million, a negative change from its year-to-date volume of 3.37 million. As of the previous 9 days, the stock’s Stochastic %D was 75.20%. Additionally, its Average True Range was 1.38.
During the past 100 days, Teck Resources Ltd’s (TECK) raw stochastic average was set at 37.56%, which indicates a significant increase from 24.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.30% in the past 14 days, which was higher than the 37.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.89, while its 200-day Moving Average is $47.26. Nevertheless, the first resistance level for the watch stands at $46.77 in the near term. At $47.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $47.58. If the price goes on to break the first support level at $45.96, it is likely to go to the next support level at $45.62. Assuming the price breaks the second support level, the third support level stands at $45.15.
Teck Resources Ltd (NYSE: TECK) Key Stats
There are currently 503,098K shares outstanding in the company with a market cap of 24.06 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.
