TMC the metals company Inc (NASDAQ: TMC) kicked off on Tuesday, down -0.94% from the previous trading day, before settling in for the closing price of $1.06. Over the past 52 weeks, TMC has traded in a range of $0.80-$2.07.
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While this was happening, its average annual earnings per share was recorded 34.62%. With a float of $119.13 million, this company’s outstanding shares have now reached $306.56 million.
In an organization with 46 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
TMC the metals company Inc (TMC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of TMC the metals company Inc is 63.23%, while institutional ownership is 5.51%. 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 29 ’24, when Company’s Chief Development Officer sold 25,000 for $1.54, making the entire transaction worth $38,395. This insider now owns 821,829 shares in total.
TMC the metals company Inc (TMC) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.04 earnings per share (EPS), higher than consensus estimate (set at -0.1) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 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
Take a look at TMC the metals company Inc’s (TMC) current performance indicators. Last quarter, stock had a quick ratio of 0.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of TMC the metals company Inc (TMC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.58 million. That was inferior than the volume of 1.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.03%. Additionally, its Average True Range was 0.08.
During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 20.80%, which indicates a significant decrease from 64.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.24% in the past 14 days, which was higher than the 59.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2319, while its 200-day Moving Average is $1.3502. However, in the short run, TMC the metals company Inc’s stock first resistance to watch stands at $1.0800. Second resistance stands at $1.1100. The third major resistance level sits at $1.1500. If the price goes on to break the first support level at $1.0100, it is likely to go to the next support level at $0.9700. The third support level lies at $0.9400 if the price breaches the second support level.
TMC the metals company Inc (NASDAQ: TMC) Key Stats
The company with the Market Capitalisation of 340.19 million has total of 320,510K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -73,780 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -20,170 K.
