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See what the IHS Markit Score report has to say about Teck Resources Ltd.

IHS Markit

Teck Resources Ltd

NYSE:TECK

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Summary

  • Perception of the company's creditworthiness is positive and improving
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is low
  • Economic output in this company's sector is contracting

Bearish sentiment

Short interest | Positive

Short interest is extremely low for TECK with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TECK.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding TECK are favorable with net inflows of $23.92 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator with a strengthening bias over the past 1-month. TECK credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.

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