Teck Resources (TSE:TECK.A) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Teck Resources Limited (TSE:TECK.A) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$87.35 and traded as low as C$82.05. Teck Resources shares last traded at C$84.87, with a volume of 15,177 shares.

Teck Resources Price Performance

The company has a debt-to-equity ratio of 37.46, a current ratio of 1.48 and a quick ratio of 0.97. The stock’s fifty day moving average is C$87.35 and its 200-day moving average is C$78.57. The stock has a market cap of C$41.55 billion, a PE ratio of 22.51 and a beta of 1.69.

Teck Resources (TSE:TECK.A) last released its quarterly earnings data on Thursday, April 23rd. The company reported C$1.75 earnings per share (EPS) for the quarter. Teck Resources had a net margin of 9.41% and a return on equity of 5.03%. The firm had revenue of C$3.94 billion during the quarter. As a group, equities analysts anticipate that Teck Resources Limited will post 2.5209386 EPS for the current year.

Teck Resources Company Profile

Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK.