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The closing price of Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) was $42.56 for the day, up 2.26% from the previous closing price of $41.62. In other words, the price has increased by $2.26 from its previous closing price. On the day, 1.14 million shares were traded. SQM stock price reached its highest trading level at $42.84 during the session, while it also had its lowest trading level at $41.57.
Ratios:
Our analysis of SQM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.64.
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, Jefferies on April 08, 2024, Upgraded its rating to Buy and sets its target price to $62.80 from $52 previously.
On January 11, 2024, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $58 to $52.
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 12156753920 and an Enterprise Value of 14442226688. As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.91, and their Forward P/E ratio for the next fiscal year is 7.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 2.297 whereas that against EBITDA is 5.828.
Stock Price History:
The Beta on a monthly basis for SQM is 1.06, which has changed by -0.45561522 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, SQM has reached a high of $81.50, while it has fallen to a 52-week low of $38.50. The 50-Day Moving Average of the stock is -5.68%, while the 200-Day Moving Average is calculated to be -12.59%.
Shares Statistics:
SQM traded an average of 1.03M shares per day over the past three months and 919780 shares per day over the past ten days. A total of 142.82M shares are outstanding, with a floating share count of 142.79M. Insiders hold about 0.02% of the company’s shares, while institutions hold 21.68% stake in the company. Shares short for SQM as of 1718323200 were 5602198 with a Short Ratio of 6.13, compared to 1715731200 on 5407690.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.79. The current Payout Ratio is 19.37% for SQM, which recently paid a dividend on 2024-05-09 with an ex-dividend date of 1715212800. Stock splits for the company last occurred on 2016-04-27 when the company split stock in a 1027:1000 ratio.
