Teck Resources Ltd experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $54.69 on 05/20/24, while the lowest price for the same period was registered at $34.97 on 11/27/23.
52-week price history of TECK Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Teck Resources Ltd’s current trading price is -13.72% away from its 52-week high, while its distance from the 52-week low is 34.95%. The stock’s price range during this period has spanned from $34.97 to $54.69. In the Basic Materials sector, the Teck Resources Ltd’s shares surpassed a trading volume of approximately 1.04 million for the day, which was noticeably lower compared to the average daily volume of 9.2.96 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Teck Resources Ltd (TECK) has experienced a quarterly decline of -0.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.25B and boasts a workforce of 12600 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 48.04, with a change in price of -0.81. Similarly, Teck Resources Ltd recorded 3,090,905 in trading volume during the last 100 days, posting a change of -1.68%.
Examining TECK’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TECK stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.36.
TECK Stock Stochastic Average
Today, Teck Resources Ltd’s raw stochastic average for the past 50 days stands at 28.38%, indicating a decline from the raw stochastic average of the last 20 days, which was 40.21%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 33.33% and 22.60% respectively.
TECK Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 12.53%. However, over the past six months, we’ve seen a stronger performance of -6.19%. The price of TECK leaped by -6.22% over the last 30 days. And in the last five days, it has surged by 5.12%.
