Teck Resources (TSE:TECK.A) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Teck Resources Limited (TSE:TECK.AGet Free Report) shares 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 Trading Up 0.3 %

The company has a market cap of C$461.09 million, a PE ratio of 21.69 and a beta of 1.37. The stock’s 50 day moving average is C$60.42 and its 200-day moving average is 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.

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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