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Teck Resources (TSE:TECK.A) Shares Cross Below 200-Day Moving Average - Here's What Happened

Teck Resources logo with Basic Materials background

Teck Resources Limited (TSE:TECK.A - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$62.93 and traded as low as C$53.42. Teck Resources shares last traded at C$53.50, with a volume of 2,445 shares traded.

Teck Resources Trading Down 1.2 %

The business has a 50-day moving average of C$59.16 and a 200-day moving average of C$62.79. 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 stock has a market cap of C$398.15 million, a price-to-earnings ratio of 18.73 and a beta of 1.37.

Insider Activity

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

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.

Further Reading

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