Trading up on strong volume: Teck Resources Ltd. ($TCK)

by Josh
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Teck Resources Ltd. ($TCK) is trading up on higher than normal volume today. Teck Resources Ltd. is up 3.83% at $20.84 on a volume of 2,773,440 shares. That’s already 1.10 times the normal daily volume of 2,876,383 shares, putting Teck on track to trade double the average daily volume.

Shares have traded down with other peers in the basic materials sector this year, returning a (45%) loss this year. Shares are trading below both the 50 and 200 day moving averages.

52 Week Range $19.98-$38.57
Market Cap 11,800,182,064
Average Volume 2,876,383
Dividend Yield 4.37%
Institutional Ownership 62.90%
Insider Ownership: 0.00%
Percentage of Float Short 1.70%
Beta 3.56

Teck Resources Ltd. Teck Resources Ltd is a resource company. It mainly conducts exploration, development, and production of natural resources. Its main products are steelmaking coal, copper, zinc and lead.

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