In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $47.10 in the prior trading day, Teck Resources Ltd (NYSE: TECK) closed at $46.30, down -1.70%. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 1.63 million shares were traded. TECK stock price reached its highest trading level at $46.89 during the session, while it also had its lowest trading level at $46.095.
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 2.35 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 23598645248 and an Enterprise Value of 26915489792. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.20, and their Forward P/E ratio for the next fiscal year is 26.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 1.616 whereas that against EBITDA is 3.995.
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 $34.97. The 50-Day Moving Average of the stock is -5.29%, while the 200-Day Moving Average is calculated to be -1.47%.
Shares Statistics:
The stock has traded on average 2.98M shares per day over the past 3-months and 3104480 shares per day over the last 10 days, according to various share statistics. A total of 509.67M shares are outstanding, with a floating share count of 506.68M. Insiders hold about 2.49% of the company’s shares, while institutions hold 72.98% stake in the company. Shares short for TECK as of 1731628800 were 6330581 with a Short Ratio of 2.19, compared to 1728950400 on 7757248.
Dividends & Splits
In the trailing 12 months, TECK’s forward annual dividend rate was 0.5, compared to 0.37 this year. Against a Trailing Annual Dividend Yield of 0.010615712The stock’s 5-year Average Dividend Yield is 1.09.
