TMC the metals company Inc (TMC) with a beta value of 1.68 appears to be a promising investment opportunity.

TMC the metals company Inc (NASDAQ: TMC) on Monday, plunged -5.39% from the previous trading day, before settling in for the closing price of $1.02. Within the past 52 weeks, TMC’s price has moved between $0.80 and $2.07.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The company achieved an average annual earnings per share of 34.62%. With a float of $117.85 million, this company’s outstanding shares have now reached $306.56 million.

Considering the fact that the conglomerate employs 46 people, you should pay attention to its efficiency factor.

TMC the metals company Inc (TMC) Breakdown of a Key Holders of the stock

Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of TMC the metals company Inc is 63.23%, while institutional ownership is 5.47%. 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) Recent Fiscal highlights

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

TMC the metals company Inc (TMC) is currently performing well based on its current performance indicators. A quick ratio of 0.16 was reported for the most recent quarter.

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)

Compared to the last year’s volume of 1.54 million, its volume of 0.67 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.17%. 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 13.79%, which indicates a significant decrease from 39.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.20% in the past 14 days, which was higher than the 65.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3186, while its 200-day Moving Average is $1.3432. Nevertheless, the first resistance level for the watch stands at $1.0083 in the near term. At $1.0517, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0733. If the price goes on to break the first support level at $0.9433, it is likely to go to the next support level at $0.9217. Now, if the price goes above the second support level, the third support stands at $0.8783.

TMC the metals company Inc (NASDAQ: TMC) Key Stats

Market capitalization of the company is 309.29 million based on 320,510K outstanding shares. Right now, sales total 0 K and income totals -73,780 K. The company made 0 K in profit during its latest quarter, and -25,190 K in sales during its previous quarter.