TMC the metals company Inc (NASDAQ: TMC) on Friday, soared 3.97% from the previous trading day, before settling in for the closing price of $0.88. Within the past 52 weeks, TMC’s price has moved between $0.80 and $2.07.
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The company achieved an average annual earnings per share of 32.27%. With a float of $128.12 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 -100.37%, operating margin of -526.91%, and the pretax margin is -560.12%.
TMC the metals company Inc (TMC) Insider and Institutional Ownership
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 62.55%, while institutional ownership is 5.16%. The most recent insider transaction that took place on Nov 19 ’24, was worth 61,538. In this transaction Director of this company sold 66,000 shares at a rate of $0.93, taking the stock ownership to the 182,966 shares. Before that another transaction happened on May 31 ’24, when Company’s Chief Development Officer sold 50,000 for $1.48, making the entire transaction worth $74,110. This insider now owns 746,829 shares in total.
TMC the metals company Inc (TMC) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.17 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.16) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.27% 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 0.05 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.11 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 2.32 million. That was better than the volume of 1.32 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.97%. Additionally, its Average True Range was 0.05.
During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 14.55%, which indicates a significant decrease from 21.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.65% in the past 14 days, which was lower than the 59.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0022, while its 200-day Moving Average is $1.2802. However, in the short run, TMC the metals company Inc’s stock first resistance to watch stands at $0.9350. Second resistance stands at $0.9525. The third major resistance level sits at $0.9750. If the price goes on to break the first support level at $0.8950, it is likely to go to the next support level at $0.8725. The third support level lies at $0.8550 if the price breaches the second support level.
TMC the metals company Inc (NASDAQ: TMC) Key Stats
Market capitalization of the company is 326.01 million based on 324,263K 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 -20,520 K in sales during its previous quarter.
