During the last session, TMC the metals company Inc (NASDAQ:TMC)’s traded shares were 2.17 million, with the beta value of the company hitting 1.54. At the end of the trading day, the stock’s price was $1.56, reflecting an intraday loss of -3.70% or -$0.06. The 52-week high for the TMC share is $2.07, that puts it down -32.69 from that peak though still a striking 53.85% gain since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $536.89M, and the average intraday trading volume over the past 10 days was 5.4 million shares, and the average trade volume was 2.19 million shares over the past three months.
TMC the metals company Inc (NASDAQ:TMC) trade information
TMC the metals company Inc (TMC) registered a -3.70% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.70% in intraday trading to $1.56, hitting a weekly high. The stock’s 5-day price performance is 48.57%, and it has moved by 103.66% in 30 days. Based on these gigs, the overall price performance for the year is 24.80%. The short interest in TMC the metals company Inc (NASDAQ:TMC) is 10.68 million shares and it means that shorts have 21.46 day(s) to cover.
TMC the metals company Inc (TMC) estimates and forecasts
Statistics show that TMC the metals company Inc has outperformed its competitors in share price, compared to the industry in which it operates. TMC the metals company Inc (TMC) shares have gone up 19.54% during the last six months, with a year-to-date growth rate more than the industry average at 15.38% against 8.50.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -497.91%. While earnings are projected to return 16.51% in 2025.
TMC Dividends
TMC the metals company Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
TMC the metals company Inc (NASDAQ:TMC)’s Major holders
TMC the metals company Inc insiders own 52.18% of total outstanding shares while institutional holders control 5.74%, with the float percentage being 11.99%. FIRST MANHATTAN CO. LLC. is the largest shareholder of the company, while 97.0 institutions own stock in it. As of 2024-06-30, the company held over 7.6 million shares (or 2.4405% of all shares), a total value of $10.26 million in shares.
The next largest institutional holding, with 2.28 million shares, is of BAIRD FINANCIAL GROUP, INC.’s that is approximately 0.7311% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.07 million.
Also, the Mutual Funds coming in first place with the largest holdings of TMC the metals company Inc (TMC) shares are Amplify Lithium & Battery Technology ETF and SPDR Portfolio Developed World ex-US ETF . Data provided on Sep 30, 2024 indicates that Amplify Lithium & Battery Technology ETF owns about 472.02 shares. This amounts to just over 0.15 percent of the company’s overall shares, with a $0.74 million market value. The same data shows that the other fund manager holds slightly less at 214.15, or about 0.07% of the stock, which is worth about $0.33 million.
