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

Teck Resources logo with Basic Materials background

Teck Resources Limited (TSE:TECK.A - Get Free Report)'s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$52.40 and traded as high as C$52.50. Teck Resources shares last traded at C$52.50, with a volume of 995 shares.

Teck Resources Stock Performance

The stock has a market capitalization of C$392.43 million, a P/E ratio of 18.46 and a beta of 1.37. The company's 50-day moving average is C$52.44 and its two-hundred day moving average is C$54.86. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46.

About Teck Resources

(Get Free Report)

Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world's second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner.

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