Teck Resources (TSE:TECK.A) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Teck Resources Limited (TSE:TECK.AGet Free Report) crossed 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.

Teck Resources Trading Down 1.7 %

The company has a market capitalization of C$428.70 million, a P/E ratio of 20.16 and a beta of 1.37. The stock’s 50 day moving average is C$60.12 and its 200-day moving average is C$63.70. The company has a debt-to-equity ratio of 37.46, a current ratio of 1.48 and a quick ratio of 0.97.

Insiders Place Their Bets

In other Teck Resources news, Director James Kitchener Gowans acquired 500 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were acquired at an average price of C$59.00 per share, for a total transaction of C$29,500.00. Corporate insiders own 75.91% of the company’s stock.

About Teck Resources

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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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