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Teck Resources Ltd (TECK) Stock: The Story of a 52-Week Stock Range

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Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Teck Resources Ltd’s current trading price is -0.95% away from its 52-week high, while its distance from the 52-week low is 51.97%. The stock’s price range during this period has varied between $34.38 and $52.74. The company, active in the Basic Materials sector, saw a trading volume of around 1.55 million for the day, considerably lower average daily volume of 4.25 million observed over the last three months.

Teck Resources Ltd had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $52.74 on 05/15/24, while the lowest price during the same period was $34.38 on 11/09/23.

How Financial Performance Impacts Market Capitalization

Teck Resources Ltd (TECK) has experienced a quarterly rise of 38.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.05B and boasts a workforce of 12600 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 43.09, with a change in price of +10.85. Similarly, Teck Resources Ltd recorded 3,839,197 in trading volume during the last 100 days, posting a change of +26.22%.

How TECK’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TECK stands at 0.44. Similarly, the long-term debt-to-equity ratio is also 0.41.

TECK Stock Stochastic Average

As of today, the raw stochastic average of Teck Resources Ltd over the last 50 days is at 94.37%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 90.88%. Further, the company’s Stochastic %K and %D values for the last 20 days were 91.98% and 91.66%, respectively.

TECK Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 23.59%. However, over the past six months, we’ve seen a weaker performance of 43.32%. The price of TECK fallen by 10.84% over the last 30 days. And in the last five days, it has surged by 5.34%.

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