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

Shares of Teck Resources Limited (TSE:TECK.AGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$64.42 and traded as low as C$58.33. Teck Resources shares last traded at C$58.33, with a volume of 506 shares traded.

Teck Resources Stock Up 1.5 %

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 stock has a market capitalization of C$451.10 million, a price-to-earnings ratio of 21.22 and a beta of 1.37. The firm’s fifty day moving average is C$64.19 and its 200-day moving average is C$65.25.

Insider Transactions at Teck Resources

In other Teck Resources news, Director James Kitchener Gowans purchased 3,900 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of C$63.23 per share, for a total transaction of C$246,600.12. Insiders own 75.91% of the company’s stock.

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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