Teck Stock Hits New 52-Week Low (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) hit a new 52-week low Thursday as it is currently trading at $21.16, below its previous 52-week low of $23.41 with 83,111 shares traded as of 9:35 a.m. ET. Average volume has been 3.3 million shares over the past 30 days.

Teck has a market cap of $11.9 billion and is part of the basic materials sector and metals & mining industry. Shares are down 42.9% year to date as of the close of trading on Wednesday.

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 14.2, below the S&P 500 P/E ratio of 17.7.

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

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