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Teck Resources Ltd (NYSE: TECK) closed the day trading at $44.89 down -3.32% from the previous closing price of $46.43. In other words, the price has decreased by -$3.32 from its previous closing price. On the day, 6.23 million shares were traded. TECK stock price reached its highest trading level at $46.5 during the session, while it also had its lowest trading level at $44.785.
Ratios:
For a better understanding of TECK, let’s look at its different 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.
On October 25, 2024, Deutsche Bank Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $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 23028793344 and an Enterprise Value of 26193147904. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.94, and their Forward P/E ratio for the next fiscal year is 25.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 1.573 whereas that against EBITDA is 3.888.
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 $34.28. The 50-Day Moving Average of the stock is -7.72%, while the 200-Day Moving Average is calculated to be -3.73%.
Shares Statistics:
Over the past 3-months, TECK traded about 2.87M shares per day on average, while over the past 10 days, TECK traded about 3074430 shares per day. A total of 509.67M shares are outstanding, with a floating share count of 506.69M. Insiders hold about 2.48% of the company’s shares, while institutions hold 72.34% stake in the company. Shares short for TECK as of 1730332800 were 6545298 with a Short Ratio of 2.28, compared to 1727654400 on 7729942.
Dividends & Splits
TECK’s forward annual dividend rate is 0.37, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.0107689The stock’s 5-year Average Dividend Yield is 1.09.
