Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Sociedad Quimica Y Minera de Chile S.A. ADR’s stock clocked out at $37.60, down -2.01% from its previous closing price of $38.37. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 0.79 million shares were traded. SQM stock price reached its highest trading level at $38.24 during the session, while it also had its lowest trading level at $37.51.
Ratios:
To gain a deeper understanding of SQM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.94. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 10477578240 and an Enterprise Value of 13507167232. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 2.443 whereas that against EBITDA is 6.838.
Stock Price History:
The Beta on a monthly basis for SQM is 1.10, which has changed by -0.05024755 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, SQM has reached a high of $51.90, while it has fallen to a 52-week low of $32.24. The 50-Day Moving Average of the stock is -2.56%, while the 200-Day Moving Average is calculated to be -6.72%.
Shares Statistics:
It appears that SQM traded 1.08M shares on average per day over the past three months and 885000 shares per day over the past ten days. A total of 142.82M shares are outstanding, with a floating share count of 142.81M. Insiders hold about 0.00% of the company’s shares, while institutions hold 24.03% stake in the company. Shares short for SQM as of 1730332800 were 6749872 with a Short Ratio of 6.80, compared to 1727654400 on 7059101.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.7. 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.
