The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, TMC the metals company Inc’s stock clocked out at $1.14, down -8.80% from its previous closing price of $1.25. In other words, the price has decreased by -$8.80 from its previous closing price. On the day, 4.05 million shares were traded. TMC stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.05.
Ratios:
To gain a deeper understanding of TMC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.05.
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 this company, Cantor Fitzgerald on November 13, 2023, initiated with a Buy rating and assigned the stock a target price of $4.20.
On November 24, 2021, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
On November 12, 2021, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $3.Piper Sandler initiated its Neutral rating on November 12, 2021, with a $3 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 30 ’24 when ILVES Erika sold 217,099 shares for $1.11 per share. The transaction valued at 240,980 led to the insider holds 998,170 shares of the business.
May Brendan bought 25,000 shares of TMC for $21,870 on Dec 24 ’24. The Director now owns 100,040 shares after completing the transaction at $0.87 per share. On Nov 27 ’24, another insider, Shesky Craig, who serves as the Chief Financial Officer of the company, sold 47,523 shares for $0.85 each. As a result, the insider received 40,185 and left with 977,844 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 369659840 and an Enterprise Value of 327774048.
Stock Price History:
The Beta on a monthly basis for TMC is 1.48, which has changed by -0.16666669 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, TMC has reached a high of $2.07, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is 22.55%, while the 200-Day Moving Average is calculated to be -5.39%.
Shares Statistics:
It appears that TMC traded 1.35M shares on average per day over the past three months and 2632220 shares per day over the past ten days. A total of 324.13M shares are outstanding, with a floating share count of 141.65M. Insiders hold about 58.84% of the company’s shares, while institutions hold 5.15% stake in the company. Shares short for TMC as of 1730332800 were 10682752 with a Short Ratio of 6.21, compared to 1727654400 on 9916466. Therefore, it implies a Short% of Shares Outstanding of 10682752 and a Short% of Float of 5.81.
