Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) kicked off at the price of $36.89: Venture capitalists have an exciting new opportunity

On Friday, Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) was -3.45% drop from the session before settling in for the closing price of $38.21. A 52-week range for SQM has been $32.24 – $64.62.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 56.14%. When this article was written, the company’s average yearly earnings per share was at -111.84%. With a float of $142.79 million, this company’s outstanding shares have now reached $142.82 million.

Considering the fact that the conglomerate employs 7682 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.35%, operating margin of 30.92%, and the pretax margin is 28.04%.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sociedad Quimica Y Minera de Chile S.A. ADR stocks. The insider ownership of Sociedad Quimica Y Minera de Chile S.A. ADR is 0.02%, while institutional ownership is 20.94%.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.68 earnings per share (EPS) during the time that was less than consensus figure (set at 2.11) by -0.43. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -111.84% 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 33.74% growth over the previous five years of trading.

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

You can see what Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 4.66 in one year’s time.

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

Compared to the last year’s volume of 1.2 million, its volume of 0.73 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.83%. Additionally, its Average True Range was 1.42.

During the past 100 days, Sociedad Quimica Y Minera de Chile S.A. ADR’s (SQM) raw stochastic average was set at 25.15%, which indicates a significant decrease from 58.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.84% in the past 14 days, which was higher than the 40.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.57, while its 200-day Moving Average is $44.94. Nevertheless, the first resistance level for the watch stands at $37.73 in the near term. At $38.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.13. If the price goes on to break the first support level at $36.34, it is likely to go to the next support level at $35.78. Now, if the price goes above the second support level, the third support stands at $34.94.

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

There are 285,638K outstanding shares of the company, which has a market capitalization of 5.27 billion. As of now, sales total 7,467 M while income totals 923,190 K. Its latest quarter income was 2,378 M while its last quarter net income were 433,560 K.