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Teck Resources Ltd (NYSE: TECK) closed the day trading at $40.85 down -3.75% from the previous closing price of $42.44. In other words, the price has decreased by -$3.75 from its previous closing price. On the day, 3.3 million shares were traded. TECK stock price reached its highest trading level at $42.38 during the session, while it also had its lowest trading level at $40.68.
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.
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 20856864768 and an Enterprise Value of 24123455488. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.46, and their Forward P/E ratio for the next fiscal year is 26.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.448 whereas that against EBITDA is 3.581.
Stock Price History:
The Beta on a monthly basis for TECK is 1.03, which has changed by 0.020994782 over the last 52 weeks, in comparison to a change of 0.25219524 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 $36.21. The 50-Day Moving Average of the stock is -6.32%, while the 200-Day Moving Average is calculated to be -13.41%.
Shares Statistics:
Over the past 3-months, TECK traded about 2.57M shares per day on average, while over the past 10 days, TECK traded about 3118370 shares per day. A total of 519.60M shares are outstanding, with a floating share count of 511.46M. Insiders hold about 1.57% of the company’s shares, while institutions hold 73.39% stake in the company. Shares short for TECK as of 1736899200 were 6828108 with a Short Ratio of 2.66, compared to 1734048000 on 6803109.
Dividends & Splits
TECK’s forward annual dividend rate is 0.36, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.011781339The stock’s 5-year Average Dividend Yield is 1.09. The current Payout Ratio is 10.71% for TECK, which recently paid a dividend on 2024-12-13 with an ex-dividend date of 1734048000. Stock splits for the company last occurred on 2007-05-11 when the company split stock in a 2:1 ratio.