TMC (TMC the metals company Inc) dropped -1.96 at the last close: Is This Today’s Most Popular Stock?

On Monday, TMC the metals company Inc (NASDAQ: TMC) was -1.96% drop from the session before settling in for the closing price of $1.02. A 52-week range for TMC has been $0.80 – $2.07.

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When this article was written, the company’s average yearly earnings per share was at 34.62%. 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) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward TMC the metals company Inc stocks. The insider ownership of TMC the metals company Inc is 62.55%, while institutional ownership is 5.48%. 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) 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 -0.04 earnings per share (EPS) during the time that was better than consensus figure (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

You can see what TMC the metals company Inc (TMC) is doing with its current performance indicators. In the most recent 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 0.54 million, which is a drop from its year-to-date volume of 1.34 million. As of the previous 9 days, the stock’s Stochastic %D was 46.24%. Additionally, its Average True Range was 0.04.

During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 24.58%, which indicates a significant decrease from 27.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.12% in the past 14 days, which was lower than the 60.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.0113, while its 200-day Moving Average is $1.3243. However, in the short run, TMC the metals company Inc’s stock first resistance to watch stands at $1.0201. Second resistance stands at $1.0402. The third major resistance level sits at $1.0504. If the price goes on to break the first support level at $0.9898, it is likely to go to the next support level at $0.9796. Now, if the price goes above the second support level, the third support stands at $0.9595.

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

There are 320,510K outstanding shares of the company, which has a market capitalization of 323.99 million. As of now, sales total 0 K while income totals -73,780 K. Its latest quarter income was 0 K while its last quarter net income were -20,170 K.