Teck Rises On Unusually High Volume (TCK)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Teck Resources (NYSE: TCK) is trading at unusually high volume Tuesday with 4.5 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.45 (+5.3%) at $28.96 as of 2:35 p.m. ET.

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Teck has a market cap of $15.58 billion and is part of the basic materials sector and metals & mining industry. Shares are down 24.3% year to date as of the close of trading on Monday.

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in the Americas, Asia Pacific, Europe, and Africa. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Teck as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and disappointing return on equity. You can view the full Teck Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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