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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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
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.
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.
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%.
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.