The price of TMC the metals company Inc. (NASDAQ: TMC) closed at $0.73 in the last session, down -0.75% from day before closing price of $0.73. In other words, the price has decreased by -$0.0055 from its previous closing price. On the day, 944224 shares were traded. TMC stock price reached its highest trading level at $0.7500 during the session, while it also had its lowest trading level at $0.7200.
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Ratios:
We take a closer look at TMC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 30 when O’Sullivan Anthony sold 60,660 shares for $0.78 per share. The transaction valued at 47,533 led to the insider holds 512,777 shares of the business.
Stone Gregory sold 52,031 shares of TMC for $39,502 on Mar 30. The Chief Ocean Scientist now owns 420,876 shares after completing the transaction at $0.76 per share. On Mar 29, another insider, O’Sullivan Anthony, who serves as the Chief Development Officer of the company, sold 85,170 shares for $0.72 each. As a result, the insider received 61,382 and left with 573,437 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TMC now has a Market Capitalization of 202.75M and an Enterprise Value of 155.90M.
Stock Price History:
Over the past 52 weeks, TMC has reached a high of $1.61, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is 0.8010, while the 200-Day Moving Average is calculated to be 0.8994.
Shares Statistics:
According to the various share statistics, TMC traded on average about 900.44K shares per day over the past 3-months and 837.76k shares per day over the past 10 days. A total of 272.03M shares are outstanding, with a floating share count of 167.16M. Insiders hold about 7.90% of the company’s shares, while institutions hold 11.90% stake in the company. Shares short for TMC as of Apr 27, 2023 were 5.11M with a Short Ratio of 5.11M, compared to 5.2M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.82% and a Short% of Float of 2.76%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.12, while EPS last year was -$0.05. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.14 and -$0.36 for the fiscal current year, implying an average EPS of -$0.25. EPS for the following year is -$0.09, with 2 analysts recommending between -$0.06 and -$0.11.
