On January 24, 2023, TMC the metals company Inc. (NASDAQ: TMC) opened at $0.88, higher 1.74% from the last session. During the day, the shares moved up to $0.88 and dropped to $0.85 before settling in for the closing price of $0.86. Price fluctuations for TMC have ranged from $0.51 to $3.34 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -174.30% at the time writing. With a float of $167.14 million, this company’s outstanding shares have now reached $239.74 million.
Considering the fact that the conglomerate employs 31 people, you should pay attention to its efficiency factor.
TMC the metals company Inc. (TMC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of TMC the metals company Inc. is 7.90%, while institutional ownership is 11.90%. The most recent insider transaction that took place on Dec 30, was worth 29,820. In this transaction Chief Executive Officer of this company bought 42,000 shares at a rate of $0.71, taking the stock ownership to the 15,462,489 shares. Before that another transaction happened on Nov 29, when Company’s Chief Financial Officer sold 36,735 for $0.80, making the entire transaction worth $29,458. This insider now owns 641,581 shares in total.
TMC the metals company Inc. (TMC) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted -$0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.11) by $0.06. This company achieved a return on equity of -86.95. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -174.30% per share during the next fiscal year.
TMC the metals company Inc. (NASDAQ: TMC) Trading Performance Indicators
Check out the current performance indicators for TMC the metals company Inc. (TMC). In the past quarter, the stock posted a quick ratio of 2.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.25 in one year’s time.
Technical Analysis of TMC the metals company Inc. (TMC)
Compared to the last year’s volume of 0.65 million, its volume of 0.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 67.05%. Additionally, its Average True Range was 0.07.
During the past 100 days, TMC the metals company Inc.’s (TMC) raw stochastic average was set at 42.79%, which indicates a significant decrease from 79.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.69% in the past 14 days, which was lower than the 92.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7931, while its 200-day Moving Average is $1.0727. Nevertheless, the first resistance level for the watch stands at $0.8833 in the near term. At $0.8967, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9133. If the price goes on to break the first support level at $0.8533, it is likely to go to the next support level at $0.8367. Now, if the price goes above the second support level, the third support stands at $0.8233.
TMC the metals company Inc. (NASDAQ: TMC) Key Stats
There are currently 265,533K shares outstanding in the company with a market cap of 219.38 million. Presently, the company’s annual sales total 0 K according to its annual income of -141,300 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -27,894 K.