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The closing price of TMC the metals company Inc (NASDAQ: TMC) was $1.85 for the day, down -6.09% from the previous closing price of $1.97. In other words, the price has decreased by -$6.09 from its previous closing price. On the day, 2.54 million shares were traded.
Ratios:
Our analysis of TMC’s different ratios will help us gain a deeper understanding of the company. 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, Alliance Global Partners on January 15, 2025, initiated with a Buy rating and assigned the stock a target price of $3.75.
On November 13, 2023, Cantor Fitzgerald started tracking the stock assigning a Buy rating and target price of $4.20.
On November 24, 2021, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.Wedbush initiated its Neutral rating on November 24, 2021, with a $5 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
Stock Price History:
Over the past 52 weeks, TMC has reached a high of $2.55, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is 31.27%, while the 200-Day Moving Average is calculated to be 52.74%.
Shares Statistics:
A total of 324.13M shares are outstanding, with a floating share count of 141.82M. Insiders hold about 58.79% of the company’s shares, while institutions hold 9.58% stake in the company.
