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The price of Teck Resources Ltd (NYSE: TECK) closed at $48.29 in the last session, down -6.12% from day before closing price of $51.44. In other words, the price has decreased by -$6.12 from its previous closing price. On the day, 5.3 million shares were traded. TECK stock price reached its highest trading level at $50.34 during the session, while it also had its lowest trading level at $47.39.
Ratios:
We take a closer look at TECK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
On October 17, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $52.JP Morgan initiated its Overweight rating on October 17, 2023, with a $52 target price.
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 25059758080 and an Enterprise Value of 39830679552. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.26, and their Forward P/E ratio for the next fiscal year is 21.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 2.618 whereas that against EBITDA is 7.388.
Stock Price History:
Over the past 52 weeks, TECK has reached a high of $55.13, while it has fallen to a 52-week low of $34.38. The 50-Day Moving Average of the stock is -1.46%, while the 200-Day Moving Average is calculated to be 15.30%.
Shares Statistics:
According to the various share statistics, TECK traded on average about 3.81M shares per day over the past 3-months and 2854940 shares per day over the past 10 days. A total of 509.67M shares are outstanding, with a floating share count of 504.87M. Insiders hold about 2.56% of the company’s shares, while institutions hold 73.62% stake in the company. Shares short for TECK as of 1715731200 were 6344213 with a Short Ratio of 1.66, compared to 1713139200 on 6341033.
Dividends & Splits
The forward annual dividend rate for TECK is 0.37, which was 0.5 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.009720063The stock’s 5-year Average Dividend Yield is 1.09.
