On Monday, TMC the metals company Inc (NASDAQ: TMC) opened higher 13.83% from the last sessionbefore settling in for the closing price of $0.94. 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 $121.33 million, this company’s outstanding shares have now reached $306.56 million.
Let’s determine the extent of company efficiency that accounts for 46 employees. 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 Activity
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 62.55%, 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) Earnings and Forecasts
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 0.04.
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)
Looking closely at TMC the metals company Inc (NASDAQ: TMC), its last 5-days average volume was 1.38 million, which is a drop from its year-to-date volume of 1.45 million. As of the previous 9 days, the stock’s Stochastic %D was 49.80%. 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 30.50%, which indicates a significant decrease from 62.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.84% in the past 14 days, which was higher than the 64.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1105, while its 200-day Moving Average is $1.3387. However, in the short run, TMC the metals company Inc’s stock first resistance to watch stands at $1.1917. Second resistance stands at $1.3134. The third major resistance level sits at $1.4368. If the price goes on to break the first support level at $0.9466, it is likely to go to the next support level at $0.8232. Should the price break the second support level, the third support level stands at $0.7015.
TMC the metals company Inc (NASDAQ: TMC) Key Stats
There are currently 320,510K shares outstanding in the company with a market cap of 346.67 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 -20,170 K.
