Teck Resources Ltd (NYSE: TECK) on Monday, soared 4.07% from the previous trading day, before settling in for the closing price of $44.96. Within the past 52 weeks, TECK’s price has moved between $36.21 and $54.69.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 6.77%. The company achieved an average annual earnings per share of -52.52%. With a float of $506.68 million, this company’s outstanding shares have now reached $519.60 million.
Considering the fact that the conglomerate employs 12600 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Teck Resources Ltd is 2.49%, while institutional ownership is 72.97%.
Teck Resources Ltd (TECK) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -52.52% 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
Teck Resources Ltd (TECK) is currently performing well based on its current performance indicators. A quick ratio of 2.35 was reported for the most recent quarter. 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 1.74 in one year’s time.
Technical Analysis of Teck Resources Ltd (TECK)
Compared to the last year’s volume of 3.34 million, its volume of 2.7 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.60%. Additionally, its Average True Range was 1.38.
During the past 100 days, Teck Resources Ltd’s (TECK) raw stochastic average was set at 41.47%, which indicates a significant decrease from 52.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.64% in the past 14 days, which was lower than the 36.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.22, while its 200-day Moving Average is $47.58. Nevertheless, the first resistance level for the watch stands at $47.59 in the near term. At $48.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.91. If the price goes on to break the first support level at $46.26, it is likely to go to the next support level at $45.73. Now, if the price goes above the second support level, the third support stands at $44.94.
Teck Resources Ltd (NYSE: TECK) Key Stats
Market capitalization of the company is 24.31 billion based on 512,300K outstanding shares. Right now, sales total 11,120 M and income totals 1,785 M. The company made 2,095 M in profit during its latest quarter, and -512,370 K in sales during its previous quarter.
