Can Sociedad Quimica Y Minera de Chile S.A. ADR’s (SQM) hike of 6.10% in a week be considered a lucky break?

A new trading day began on Monday, with Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) stock price up 3.75% from the previous day of trading, before settling in for the closing price of $40.24. SQM’s price has ranged from $38.50 to $97.82 over the past 52 weeks.

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A company in the Basic Materials sector has jumped its sales by 77.75% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -41.66%. With a float of $142.79 million, this company’s outstanding shares have now reached $142.82 million.

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Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Sociedad Quimica Y Minera de Chile S.A. ADR is 0.02%, while institutional ownership is 26.86%.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 46.71 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -41.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -13.60% during the next five years compared to 53.56% growth over the previous five years of trading.

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) Trading Performance Indicators

Here are Sociedad Quimica Y Minera de Chile S.A. ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64. Likewise, its price to free cash flow for the trailing twelve months is 12.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.36, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 5.40 in one year’s time.

Technical Analysis of Sociedad Quimica Y Minera de Chile S.A. ADR (SQM)

Let’s dig in a bit further. During the last 5-days, its volume was 1.38 million. That was inferior than the volume of 1.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.95%. Additionally, its Average True Range was 1.88.

During the past 100 days, Sociedad Quimica Y Minera de Chile S.A. ADR’s (SQM) raw stochastic average was set at 12.44%, which indicates a significant decrease from 26.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.53% in the past 14 days, which was lower than the 51.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $50.65, while its 200-day Moving Average is $60.47. However, in the short run, Sociedad Quimica Y Minera de Chile S.A. ADR’s stock first resistance to watch stands at $42.91. Second resistance stands at $44.06. The third major resistance level sits at $45.43. If the price goes on to break the first support level at $40.39, it is likely to go to the next support level at $39.02. The third support level lies at $37.87 if the price breaches the second support level.

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) Key Stats

With a market capitalization of 5.96 billion, the company has a total of 285,638K Shares Outstanding. Currently, annual sales are 10,711 M while annual income is 3,906 M. The company’s previous quarter sales were 1,840 M while its latest quarter income was 479,370 K.