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Teck Resources (TSE:TECK.A) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

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Teck Resources Limited (TSE:TECK.A - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$63.19 and traded as low as C$60.50. Teck Resources shares last traded at C$60.55, with a volume of 1,110 shares trading hands.

Teck Resources Stock Performance

The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46. The firm's fifty day moving average price is C$60.10 and its 200-day moving average price is C$63.12. The firm has a market cap of C$457.20 million, a price-to-earnings ratio of 21.51 and a beta of 1.37.

Insiders Place Their Bets

In other news, Director James Kitchener Gowans bought 500 shares of Teck Resources stock in a transaction dated Tuesday, February 25th. The stock was bought at an average price of C$59.00 per share, for a total transaction of C$29,500.00. 75.91% of the stock is currently owned by corporate insiders.

Teck Resources Company Profile

(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.

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