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.
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.
