Teck Resources Ltd (TSE:TECK.A – Get Rating)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$59.17 and traded as high as C$86.50. Teck Resources shares last traded at C$86.40, with a volume of 4,108 shares traded.
Teck Resources Price Performance
The firm has a market capitalization of C$673.92 million, a PE ratio of 10.30 and a beta of 1.20. The company has a fifty day moving average price of C$59.17 and a two-hundred day moving average price of C$50.92. The company has a current ratio of 1.65, a quick ratio of 0.97 and a debt-to-equity ratio of 38.02.
Insider Buying and Selling at Teck Resources
In related news, Senior Officer Colin Joudrie sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, December 22nd. The shares were sold at an average price of C$51.66, for a total transaction of C$568,260.00. Following the completion of the transaction, the insider now owns 55,646 shares of the company’s stock, valued at C$2,874,672.36. In other Teck Resources news, Senior Officer Colin Joudrie sold 11,000 shares of the firm’s stock in a transaction dated Thursday, December 22nd. The shares were sold at an average price of C$51.66, for a total value of C$568,260.00. Following the transaction, the insider now owns 55,646 shares of the company’s stock, valued at C$2,874,672.36. Also, Director Donald Richard Lindsay sold 162,827 shares of Teck Resources stock in a transaction dated Tuesday, December 20th. The shares were sold at an average price of C$51.08, for a total transaction of C$8,317,203.16. Following the completion of the sale, the director now owns 488,149 shares in the company, valued at C$24,934,650.92. In the last three months, insiders sold 195,827 shares of company stock worth $10,010,213. 74.29% of the stock is owned by corporate insiders.
About Teck Resources
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates.
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