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After finishing at $42.73 in the prior trading day, Teck Resources Ltd (NYSE: TECK) closed at $40.12, down -6.11%. In other words, the price has decreased by -$6.11 from its previous closing price. On the day, 5.9 million shares were traded. TECK stock price reached its highest trading level at $42.99 during the session, while it also had its lowest trading level at $40.08.
Ratios:
Our goal is to gain a better understanding of TECK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.88. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.36.
Deutsche Bank Downgraded its Buy to Hold on October 25, 2024, while the target price for the stock was maintained at $50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TECK now has a Market Capitalization of 21427048448 and an Enterprise Value of 23589396480. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.12, and their Forward P/E ratio for the next fiscal year is 20.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 2.602 whereas that against EBITDA is 8.925.
Stock Price History:
The Beta on a monthly basis for TECK is 0.76, which has changed by -0.027094722 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, TECK has reached a high of $54.69, while it has fallen to a 52-week low of $36.54. The 50-Day Moving Average of the stock is -3.82%, while the 200-Day Moving Average is calculated to be -11.92%.
Shares Statistics:
The stock has traded on average 3.13M shares per day over the past 3-months and 3451920 shares per day over the last 10 days, according to various share statistics. A total of 498.74M shares are outstanding, with a floating share count of 484.13M. Insiders hold about 3.81% of the company’s shares, while institutions hold 72.64% stake in the company. Shares short for TECK as of 1741910400 were 8290370 with a Short Ratio of 2.73, compared to 1739491200 on 8025049.
Dividends & Splits
In the trailing 12 months, TECK’s forward annual dividend rate was 0.5, compared to 0.36 this year. Against a Trailing Annual Dividend Yield of 0.011701381The stock’s 5-year Average Dividend Yield is 1.07. The current Payout Ratio is 79.39% for TECK, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2007-05-11 when the company split stock in a 2:1 ratio.
