Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Teck Resources Ltd (NYSE: TECK) closed at $42.09 down -1.52% from its previous closing price of $42.74. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 2.78 million shares were traded. TECK stock price reached its highest trading level at $42.44 during the session, while it also had its lowest trading level at $41.76.
Ratios:
For a deeper understanding of Teck Resources Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.35 and its Current Ratio is at 2.92. 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 21516998656 and an Enterprise Value of 25091702784. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.45, and their Forward P/E ratio for the next fiscal year is 24.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.506 whereas that against EBITDA is 3.724.
Stock Price History:
Over the past 52 weeks, TECK has reached a high of $54.69, while it has fallen to a 52-week low of $36.21. The 50-Day Moving Average of the stock is -11.04%, while the 200-Day Moving Average is calculated to be -11.38%.
Shares Statistics:
For the past three months, TECK has traded an average of 2.94M shares per day and 2532370 over the past ten days. A total of 519.60M shares are outstanding, with a floating share count of 511.47M. Insiders hold about 1.57% of the company’s shares, while institutions hold 72.96% stake in the company. Shares short for TECK as of 1732838400 were 6429229 with a Short Ratio of 2.19, compared to 1730332800 on 6545298.
Dividends & Splits
According to the company, the forward annual dividend rate for TECK is 0.36, from 0.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011698643The stock’s 5-year Average Dividend Yield is 1.08.
