Teck Resources (TSE:TECK.A) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Teck Resources Limited (TSE:TECK.A) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$84.53 and traded as high as C$95.86. Teck Resources shares last traded at C$92.44, with a volume of 21,077 shares.

Teck Resources Stock Up 3.1%

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 firm’s 50-day simple moving average is C$84.53 and its two-hundred day simple moving average is C$75.34. The company has a market capitalization of C$45.26 billion, a price-to-earnings ratio of 24.52 and a beta of 1.64.

Teck Resources (TSE:TECK.A) last issued its earnings results on Thursday, April 23rd. The company reported C$1.75 earnings per share for the quarter. Teck Resources had a net margin of 9.41% and a return on equity of 5.03%. The company had revenue of C$3.94 billion for the quarter. Sell-side analysts predict that Teck Resources Limited will post 2.5209386 EPS for the current fiscal year.

About Teck Resources

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.