Teck Resources Ltd (NYSE: TECK) is 13.32% higher on its value in year-to-date trading and has touched a low of $34.38 and a high of $50.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TECK stock was last observed hovering at around $48.57 in the last trading session, with the day’s loss setting it -0.67%.
Currently trading at $47.90, the stock is 4.69% and 14.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.98 million and changing -1.38% at the moment leaves the stock 18.68% off its SMA200. TECK registered 11.40% gain for a year compared to 6-month gain of 16.43%.
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The stock witnessed a 4.86% loss in the last 1 month and extending the period to 3 months gives it a 24.09%, and is 2.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.13% over the week and 3.08% over the month.
Teck Resources Ltd (TECK) has around 12600 employees, a market worth around $24.80B and $11.12B in sales. Current P/E ratio is 14.04 and Fwd P/E is 20.98. Profit margin for the company is 16.09%. Distance from 52-week low is 39.35% and -4.77% from its 52-week high. The company has generated returns on investments over the last 12 months (6.31%).
The EPS is expected to shrink by -14.46% this year.
Teck Resources Ltd (TECK) Top Institutional Holders
The shares outstanding are 509.67M, and float is at 504.20M with Short Float at 1.00%.
