TMC the metals company Inc (NASDAQ:TMC) has a beta value of 1.54 and has seen 3.57 million shares traded in the last trading session. The company, currently valued at $712.42M, closed the last trade at $2.07 per share which meant it gained $0.19 on the day or 10.11% during that session. The TMC stock price is 0.0% off its 52-week high price of $2.07 and 65.22% above the 52-week low of $0.72.
TMC the metals company Inc (NASDAQ:TMC) trade information
Sporting 10.11% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TMC stock price touched $2.07 or saw a rise of 0.48%. Year-to-date, TMC the metals company Inc shares have moved 84.82%, while the 5-day performance has seen it change 11.29%. Over the past 30 days, the shares of TMC the metals company Inc (NASDAQ:TMC) have changed 31.85%.
TMC the metals company Inc (TMC) estimates and forecasts
The company’s shares have gained 88.18% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
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. Earnings growth for 2025 is a modest 16.51% while over the next 5 years, the company’s earnings are expected to increase by 21.66%.
TMC Dividends
TMC the metals company Inc is expected to release its next earnings report in March 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
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.
Also the top two Mutual Funds that are holding company’s shares are Amplify Lithium & Battery Technology ETF and SPDR Portfolio Developed World ex-US ETF . As of Sep 30, 2024 , the former fund manager holds about 0.15% shares in the company for having 472.02 shares of worth $0.98 million while later fund manager owns 218.26 shares of worth $0.45 million as of Nov 30, 2024 , which makes it owner of about 0.07% of company’s outstanding stock.
