TMC the metals company Inc (NASDAQ: TMC) on Friday, soared 1.27% from the previous trading day, before settling in for the closing price of $1.57. Within the past 52 weeks, TMC’s price has moved between $0.72 and $2.07.
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The company achieved an average annual earnings per share of 16.51%. With a float of $141.82 million, this company’s outstanding shares have now reached $324.13 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 -486.54%, 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 58.79%, while institutional ownership is 5.15%. The most recent insider transaction that took place on Dec 30 ’24, was worth 240,980. In this transaction Chief Strategy Officer of this company sold 217,099 shares at a rate of $1.11, taking the stock ownership to the 998,170 shares. Before that another transaction happened on Dec 24 ’24, when Company’s Director bought 25,000 for $0.87, making the entire transaction worth $21,870. This insider now owns 100,040 shares in total.
TMC the metals company Inc (TMC) Latest Financial update
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 16.51% 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 -0.05 in the next quarter and is forecasted to reach -0.13 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 7.42 million. That was better than the volume of 4.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.09%. Additionally, its Average True Range was 0.15.
During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 74.98%, which indicates a significant increase from 71.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 161.76% in the past 14 days, which was higher than the 85.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9724, while its 200-day Moving Average is $1.1946. However, in the short run, TMC the metals company Inc’s stock first resistance to watch stands at $1.8250. Second resistance stands at $2.0600. The third major resistance level sits at $2.2400. If the price goes on to break the first support level at $1.4100, it is likely to go to the next support level at $1.2300. The third support level lies at $0.9950 if the price breaches the second support level.
TMC the metals company Inc (NASDAQ: TMC) Key Stats
Market capitalization of the company is 547.22 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.
