Stock Surge: TMC the metals company Inc (TMC) Closes at 1.79, Marking a -3.76 Increase/Decrease

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In the latest session, TMC the metals company Inc (NASDAQ: TMC) closed at $1.79 down -3.76% from its previous closing price of $1.86. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 1.6 million shares were traded. TMC stock price reached its highest trading level at $1.88 during the session, while it also had its lowest trading level at $1.775.

Ratios:

For a deeper understanding of TMC the metals company Inc’s stock, let’s take a closer look at its various 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, 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 580430784 and an Enterprise Value of 327774048.

Stock Price History:

The Beta on a monthly basis for TMC is 1.53, which has changed by 0.5121951 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, 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 48.77%, while the 200-Day Moving Average is calculated to be 50.27%.

Shares Statistics:

For the past three months, TMC has traded an average of 2.65M shares per day and 2695710 over the past ten days. A total of 324.13M shares are outstanding, with a floating share count of 141.80M. Insiders hold about 58.80% of the company’s shares, while institutions hold 5.17% stake in the company. Shares short for TMC as of 1730332800 were 10682752 with a Short Ratio of 4.09, compared to 1727654400 on 9916466. Therefore, it implies a Short% of Shares Outstanding of 10682752 and a Short% of Float of 5.81.

Earnings Estimates

The market rating of TMC the metals company Inc (TMC) is currently shaped by the ongoing analysis conducted by 2.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.

Analysts are recommending an EPS of between -$0.16 and -$0.27 for the fiscal current year, implying an average EPS of -$0.23. EPS for the following year is -$0.14, with 3.0 analysts recommending between -$0.12 and -$0.18.

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