Free Trial

Teck Resources (TSE:TECK.A) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Teck Resources logo with Basic Materials background

Shares of Teck Resources Limited (TSE:TECK.A - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$62.19 and traded as high as C$63.97. Teck Resources shares last traded at C$62.18, with a volume of 924 shares.

Teck Resources Price Performance

The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46. The company's fifty day moving average price is C$62.19 and its two-hundred day moving average price is C$64.71. The company has a market cap of C$473.81 million, a price-to-earnings ratio of 22.29 and a beta of 1.37.

Insiders Place Their Bets

In related news, Director James Kitchener Gowans acquired 3,900 shares of the firm's stock in a transaction dated Wednesday, November 13th. The stock was bought at an average price of C$63.23 per share, for a total transaction of C$246,600.12. Insiders own 75.91% of the company's stock.

About Teck Resources

(Get Free Report)

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.

Featured Articles

Should You Invest $1,000 in Teck Resources Right Now?

Before you consider Teck Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Teck Resources wasn't on the list.

While Teck Resources currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines