Morgan Stanley raised their price objective on shares of Teck Resources from $25.00 to $27.00 and gave the stock an "equal weight" rating in a report on Monday, March 26th. 10,834,898 shares of the stock were exchanged. The stock becomes active when traders or investors changed hands with 2,117,225 shares contrast to the three-month volume average of 3.64M shares. We observed 2.83% rate of return for a stock for the last 5-trading days, which was maintained for the month at -2.39%. This number is derived from the total net income divided by shares outstanding.
The markets have been on a bull run for nearly a decade, creating suspense in the markets. Their 52-Week High and Low are as follows: -13.99% (High), 84.34%, (Low). The Beta factor, which is used riskiness of the security was 1.54.
Teck Resources Limited (TECK)'s Relative Strength Index (RSI) is 47.58.
Technical analysis of Teck Resources Limited (TECK) stock includes the study of technical indicators and past trends. The company has a quick ratio of 1.19, a current ratio of 1.81 and a debt-to-equity ratio of 0.32. P/E tells indicates current situation and future performance about the company. The ratio increased, as 44 institutional investors increased and started new stock positions, while 29 sold and reduced equity positions in Clear Channel Communications Inc.
The rising tensions sent oil prices surging, boosting energy stocks almost 1 percent. Investors are often focused on share price support and resistance levels. In particular, it is worth noting that the company has a Growth Score of F and a Momentum Score of A. This gives TGB a Zacks VGM score - or its overarching fundamental grade - of C. The degree to which a PEG ratio value indicates an over or underpriced stock varies by industry and by company type; though a broad rule of thumb is that a PEG ratio below one is desirable.
Tikvah Management Llc holds 4.8% of its portfolio in CompaÃ±Ãa CervecerÃas Unidas S.A. for 403,529 shares. A profitability ratio is an estimate of profitability, which is a way to measure a company's performance. This could prove to be a poor investment. The return on assets ratio of the Company was 9.00% while its return on investment ratio was 14.00%.
Keep in mind you can't always rely on price-to-earnings ratios as the be-all-end-all yardstick in determining whether a company's stock is expensive. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock.
ROI is 14.00%. A positive result means that returns exceed costs. Likewise, when prices dropped rapidly and therefore momentum was low enough, the financial instrument would at some point be considered oversold presenting a possible buying opportunity. Common shareholders want to know how profitable their capital is in the businesses they invest it in. The higher the ROE, the better the company is at generating profits. It sustained ROA (TTM) at 9.00%. The perception is that the lower the P/E, the higher will be the value of the stock. Moving averages can help smooth out these erratic movements by removing day-to-day fluctuations and make trends easier to spot. Analyst's mean target price for Teck Resources Limited is $32.12. A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.
Shares of NYSE TECK opened at $26.14 on Monday.
A simple moving average (SMA) is an arithmetic moving average calculated by adding the closing price of the security for some time periods and then dividing this total by the number of time periods. As well, when a moving average crosses below a longer-term moving average, the study indicates a down turn in the market.