Recent notable negative changes in fundamentals have impacted Teck Resources Ltd (NYSE: TECK): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Teck Resources Ltd (NYSE: TECK) suffers from extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Teck Resources has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Teck Resources has a very high Appreciation Score of 93 but a slightly negative Power Rating of 37, resulting in the Positive Value Trend Rating.
Recent Price Action
Teck Resources Ltd (NYSE: TECK) stock declined slightly by -0.02% on 12/3/24. The stock closed at $46.12. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -1.5% during the last week.
Be the first to comment