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Teck Resources (TSE:TECK.A) Share Price Crosses Below 200 Day Moving Average - What's Next?

Teck Resources logo with Basic Materials background

Teck Resources Limited (TSE:TECK.A - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$64.85 and traded as low as C$60.13. Teck Resources shares last traded at C$61.14, with a volume of 2,336 shares traded.

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$62.72 and its two-hundred day moving average price is C$64.85. The stock has a market capitalization of C$465.89 million, a PE ratio of 21.91 and a beta of 1.37.

Insider Buying and Selling at Teck Resources

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