Teck Resources Ltd (NYSE:TECK) shares, rose in value, with the stock price up by 1.59% to the previous day’s close as strong demand from buyers drove the stock to $39.05.
Actively observing the price movement in the recent trading, the stock is buoying the session at $38.44, falling within a range of $38.77 and $39.35. The value of beta (5-year monthly) is 1.344 whereas the PE ratio is 82.16 over 12-month period. Referring to stock’s 52-week performance, its high was $54.13, and the low was $28.32. On the whole, TECK has fluctuated by 0.15% over the past month.
With the market capitalization of Teck Resources Ltd currently standing at about $19.45 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-24. The company’s Forward Dividend Ratio is 0.36, with its dividend yield at 0.92%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TECK’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of TECK currently trading nearly -0.61% and 3.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.62, while the 7-day volatility ratio is showing 4.18% which for the 30-day chart, stands at 3.08%. Furthermore, Teck Resources Ltd (TECK)’s beta value is 0.84.
A comparison of Teck Resources Ltd (TECK) with its peers suggests the former has fared considerably weaker in the market. TECK showed an intraday change of 1.59% in today’s session so far, and over the past year, it shrunk by -3.65%%.
Data on historical trading for Teck Resources Ltd (NYSE:TECK) indicates that the trading volumes over the past 10 days have averaged 4.22 and over the past 3 months, they’ve averaged 3.43 million. According to company’s latest data on outstanding shares, there are 500.30 million shares outstanding.
Nearly 3.77% of Teck Resources Ltd’s shares belong to company insiders and institutional investors own 72.86% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.14 million shares as on 2025-06-13, resulting in a short ratio of 3.43. The stock has fallen by -19.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TECK stock heading into the next quarter.
