On Monday, TMC the metals company Inc (NASDAQ: TMC) opened lower -5.98% from the last session, before settling in for the closing price of $1.03. Price fluctuations for TMC have ranged from $0.80 to $2.07 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 34.62% at the time writing. With a float of $117.85 million, this company’s outstanding shares have now reached $306.56 million.
The extent of productivity of a business whose workforce counts for 46 workers is very important to gauge.
TMC the metals company Inc (TMC) Insider and Institutional Ownership
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 63.23%, while institutional ownership is 4.83%. The most recent insider transaction that took place on May 31 ’24, was worth 74,110. In this transaction Chief Development Officer of this company sold 50,000 shares at a rate of $1.48, taking the stock ownership to the 746,829 shares. Before that another transaction happened on May 30 ’24, when Company’s Chief Development Officer sold 25,000 for $1.49, making the entire transaction worth $37,288. This insider now owns 796,829 shares in total.
TMC the metals company Inc (TMC) Latest Financial update
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.12) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.62% 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 0.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of TMC the metals company Inc (TMC)
The latest stats from [TMC the metals company Inc, TMC] show that its last 5-days average volume of 1.64 million was superior to 1.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.40%. Additionally, its Average True Range was 0.09.
During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 13.40%, which indicates a significant decrease from 25.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.46% in the past 14 days, which was lower than the 63.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3699, while its 200-day Moving Average is $1.3394. Now, the first resistance to watch is $1.0309. This is followed by the second major resistance level at $1.0934. The third major resistance level sits at $1.2099. If the price goes on to break the first support level at $0.8519, it is likely to go to the next support level at $0.7354. The third support level lies at $0.6729 if the price breaches the second support level.
TMC the metals company Inc (NASDAQ: TMC) Key Stats
There are currently 320,510K shares outstanding in the company with a market cap of 310.38 million. Presently, the company’s annual sales total 0 K according to its annual income of -73,780 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -25,190 K.
