Teck Resources Ltd (TECK) posted a -1.12% change over the last five days signaling a new trend

On Friday, Teck Resources Ltd (NYSE: TECK) opened higher 0.95% from the last session, before settling in for the closing price of $46.24. Price fluctuations for TECK have ranged from $35.32 to $54.69 over the past 52 weeks.

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

During the last 5-year period, the sales growth of Basic Materials Sector giant was 6.77%. 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 determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock

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 72.99%.

Teck Resources Ltd (TECK) Recent Fiscal highlights

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 -11.32% 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 2.23.

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)

Looking closely at Teck Resources Ltd (NYSE: TECK), its last 5-days average volume was 1.87 million, which is a drop from its year-to-date volume of 3.36 million. As of the previous 9 days, the stock’s Stochastic %D was 59.77%. Additionally, its Average True Range was 1.31.

During the past 100 days, Teck Resources Ltd’s (TECK) raw stochastic average was set at 40.59%, which indicates a significant decrease from 58.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.34% in the past 14 days, which was lower than the 36.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.82, while its 200-day Moving Average is $47.36. However, in the short run, Teck Resources Ltd’s stock first resistance to watch stands at $47.01. Second resistance stands at $47.35. The third major resistance level sits at $47.73. If the price goes on to break the first support level at $46.29, it is likely to go to the next support level at $45.91. Now, if the price goes above the second support level, the third support stands at $45.57.

Teck Resources Ltd (NYSE: TECK) Key Stats

There are currently 512,300K shares outstanding in the company with a market cap of 24.25 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.