Teck Resources (TSE:TECK.A) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Teck Resources Limited (TSE:TECK.AGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$60.42 and traded as high as C$60.97. Teck Resources shares last traded at C$60.51, with a volume of 821 shares trading hands.

Teck Resources Stock Performance

The business has a 50-day moving average price of C$60.42 and a 200-day moving average price of C$64.00. 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 has a market capitalization of C$461.09 million, a price-to-earnings ratio of 21.69 and a beta of 1.37.

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.

Further Reading

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