Can TMC the metals company Inc’s (TMC) drop of -12.57% in a week be considered a lucky break?

A new trading day began on Monday, with TMC the metals company Inc (NASDAQ: TMC) stock price down -5.40% from the previous day of trading, before settling in for the closing price of $0.85. TMC’s price has ranged from $0.80 to $2.07 over the past 52 weeks.

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Meanwhile, its annual earnings per share averaged 32.27%. With a float of $128.91 million, this company’s outstanding shares have now reached $324.13 million.

The extent of productivity of a business whose workforce counts for 46 workers is very important to gauge. In terms of profitability, gross margin is -100.37%, operating margin of -486.54%, and the pretax margin is -560.12%.

TMC the metals company Inc (TMC) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of TMC the metals company Inc is 62.54%, while institutional ownership is 5.13%. The most recent insider transaction that took place on Nov 27 ’24, was worth 40,185. In this transaction Chief Financial Officer of this company sold 47,523 shares at a rate of $0.85, taking the stock ownership to the 977,844 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Officer proposed sale 47,523 for $0.85, making the entire transaction worth $40,186.

TMC the metals company Inc (TMC) Latest Financial update

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

Here are TMC the metals company Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.05.

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)

The latest stats from [TMC the metals company Inc, TMC] show that its last 5-days average volume of 1.51 million was superior to 1.32 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.70%. Additionally, its Average True Range was 0.06.

During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 3.13%, which indicates a significant decrease from 7.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.06% in the past 14 days, which was lower than the 58.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9831, while its 200-day Moving Average is $1.2703. Now, the first resistance to watch is $0.8481. This is followed by the second major resistance level at $0.8941. The third major resistance level sits at $0.9281. If the price goes on to break the first support level at $0.7681, it is likely to go to the next support level at $0.7341. The third support level lies at $0.6881 if the price breaches the second support level.

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

With a market capitalization of 278.42 million, the company has a total of 324,263K Shares Outstanding. Currently, annual sales are 0 K while annual income is -73,780 K. The company’s previous quarter sales were 0 K while its latest quarter income was -20,520 K.