Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Sociedad Quimica Y Minera de Chile S.A. ADR’s stock clocked out at $41.41, up 4.70% from its previous closing price of $39.55. In other words, the price has increased by $4.70 from its previous closing price. On the day, 2.47 million shares were traded. SQM stock price reached its highest trading level at $42.31 during the session, while it also had its lowest trading level at $40.93.
Ratios:
To gain a deeper understanding of SQM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 2.88. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on October 11, 2024, Downgraded its rating to Neutral and sets its target price to $44 from $55 previously.
On July 31, 2024, Berenberg started tracking the stock assigning a Hold rating and target price of $35.Berenberg initiated its Hold rating on July 31, 2024, with a $35 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SQM now has a Market Capitalization of 11368163328 and an Enterprise Value of 14261327872. As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.69, and their Forward P/E ratio for the next fiscal year is 13.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 3.183 whereas that against EBITDA is 10.741.
Stock Price History:
The Beta on a monthly basis for SQM is 1.07, which has changed by 0.08035481 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, SQM has reached a high of $45.89, while it has fallen to a 52-week low of $29.36. The 50-Day Moving Average of the stock is 18.52%, while the 200-Day Moving Average is calculated to be 9.61%.
Shares Statistics:
It appears that SQM traded 1.23M shares on average per day over the past three months and 2095900 shares per day over the past ten days. A total of 142.82M shares are outstanding, with a floating share count of 141.91M. Insiders hold about 0.64% of the company’s shares, while institutions hold 29.07% stake in the company. Shares short for SQM as of 1752537600 were 8156498 with a Short Ratio of 7.56, compared to 1749772800 on 9003030.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 5.28.
