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

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Teck Resources Limited (TSE:TECK.A - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$63.70 and traded as low as C$54.88. Teck Resources shares last traded at C$56.26, with a volume of 8,113 shares changing hands.

Teck Resources Price Performance

The stock has a market capitalization of C$438.61 million, a price-to-earnings ratio of 20.63 and a beta of 1.37. The company has a 50 day moving average of C$60.09 and a 200 day moving average of C$63.59. The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46.

Insider Activity at Teck Resources

In other news, Director James Kitchener Gowans purchased 500 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was bought at an average cost of C$59.00 per share, for a total transaction of C$29,500.00. 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.

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