TMC the metals company Inc (NASDAQ:TMC) has a beta value of 1.49 and has seen 1.17 million shares traded in the last trading session. The company, currently valued at $409.56M, closed the last trade at $1.19 per share which meant it gained $0.05 on the day or 4.39% during that session. The TMC stock price is -73.95% off its 52-week high price of $2.07 and 39.5% above the 52-week low of $0.72. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.86 million shares traded. The 3-month trading volume is 1.41 million shares.
TMC the metals company Inc (NASDAQ:TMC) trade information
Sporting 4.39% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TMC stock price touched $1.19 or saw a rise of 6.3%. Year-to-date, TMC the metals company Inc shares have moved 6.25%, while the 5-day performance has seen it change -0.83%. Over the past 30 days, the shares of TMC the metals company Inc (NASDAQ:TMC) have changed 40.31%. Short interest in the company has seen 10.68 million shares shorted with days to cover at 21.46.
TMC the metals company Inc (TMC) estimates and forecasts
Figures show that TMC the metals company Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -20.13% over the past 6 months, with this year growth rate of 15.38%, compared to 7.80% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -497.91% over the past 5 years.
TMC Dividends
TMC the metals company Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
TMC the metals company Inc (NASDAQ:TMC)’s Major holders
Insiders own 52.18% of the company shares, while shares held by institutions stand at 5.74% with a share float percentage of 11.99%. Investors are also buoyed by the number of investors in a company, with TMC the metals company Inc having a total of 97.0 institutions that hold shares in the company. The top two institutional holders are FIRST MANHATTAN CO. LLC. with over 7.6 million shares worth more than $10.26 million. As of 2024-06-30, FIRST MANHATTAN CO. LLC. held 2.4405% of shares outstanding.
The other major institutional holder is BAIRD FINANCIAL GROUP, INC., with the holding of over 2.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.07 million and represent 0.7311% of shares outstanding.
