Teck Resources (TSE:TECK.A) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Teck Resources Limited (TSE:TECK.A) passed 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.

Teck Resources Stock Up 1.5 %

The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46. The firm’s fifty day moving average is C$64.19 and its 200-day moving average is C$65.25. The stock has a market capitalization of C$451.10 million, a PE ratio of 21.22 and a beta of 1.37.

Insider Buying and Selling

In related 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 purchased at an average price of C$63.23 per share, for a total transaction of C$246,600.12. Insiders own 75.91% of the company’s stock.

Teck Resources Company Profile

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.