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Teck Resources (TSE:TECK.A) Share Price Crosses Below 50-Day Moving Average - Should You Sell?

Teck Resources logo with Basic Materials background

Teck Resources Limited (TSE:TECK.A - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$64.42 and traded as low as C$58.33. Teck Resources shares last traded at C$58.33, with a volume of 506 shares traded.

Teck Resources Price Performance

The firm has a market cap of C$444.47 million, a P/E ratio of 20.91 and a beta of 1.37. The business's fifty day simple moving average is C$64.19 and its 200-day simple moving average is C$65.25. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46.

Insider Activity

In other Teck Resources news, Director James Kitchener Gowans acquired 3,900 shares of the company's stock in a transaction that occurred on Wednesday, November 13th. The stock was bought 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 company 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.

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