For the readers interested in the stock health of Teck Resources Limited (TECK). It is currently valued at $19.67. When the transactions were called off in the previous session, Stock hit the highs of $19.96, after setting-off with the price of $19.52. Company’s stock value dipped to $19.255 during the trading on the day. When the trading was stopped its value was $19.02.
Recently in News on January 29, 2021, Teck’s Q4 2020 Financial Results and Investors’ Conference Call February 18, 2021. Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its fourth quarter 2020 earnings results on Thursday, February 18, 2021 before market open. You can read further details here
Teck Resources Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $21.34 on 01/20/21, with the lowest value was $17.60 for the same time period, recorded on 02/04/21.
Teck Resources Limited (TECK) full year performance was 43.26%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Teck Resources Limited shares are logging -7.83% during the 52-week period from high price, and 251.25% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.60 and $21.34.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 6110753 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Teck Resources Limited (TECK) recorded performance in the market was 8.37%, having the revenues showcasing 30.09% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 10.39B, as it employees total of 10100 workers.
Teck Resources Limited (TECK) in the eye of market guru’s
During the last month, 9 analysts gave the Teck Resources Limited a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 16.37, with a change in the price was noted +4.78. In a similar fashion, Teck Resources Limited posted a movement of +32.10% for the period of last 100 days, recording 4,314,624 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TECK is recording 0.36 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.35.
Teck Resources Limited (TECK): Stocks Technical analysis and Trends
Raw Stochastic average of Teck Resources Limited in the period of last 50 days is set at 69.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 55.35%. In the last 20 days, the company’s Stochastic %K was 47.33% and its Stochastic %D was recorded 36.87%.
If we look into the earlier routines of Teck Resources Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.37%. Additionally, trading for the stock in the period of the last six months notably improved by 70.60%, alongside a boost of 43.26% for the period of the last 12 months. The shares increased approximately by 9.10% in the 7-day charts and went up by 2.72% in the period of the last 30 days. Common stock shares were driven by 30.09% during last recorded quarter.