In the last trading session, 5.55 million shares of the TMC the metals company Inc (NASDAQ:TMC) were traded, and its beta was 1.33. Most recently the company’s share price was $3.12, and it changed around $0.14 or 4.70% from the last close, which brings the market valuation of the company to $1.12B. TMC currently trades at a discount to its 52-week high of $3.80, offering almost -21.79% off that amount. The share price’s 52-week low was $0.72, which indicates that the current value has risen by an impressive 76.92% since then.
TMC the metals company Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended TMC as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
TMC the metals company Inc (NASDAQ:TMC) trade information
Instantly TMC has showed a green trend with a performance of 4.70% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.60 on recent trading dayincreased the stock’s daily price by 13.33%. The company’s shares are currently up 178.57% year-to-date, but still down -5.74% over the last five days. On the other hand, TMC the metals company Inc (NASDAQ:TMC) is 60.00% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.25, which translates to bulls needing to increase their stock price by 50.08% from its current value. Analyst projections state that TMC is forecast to be at a low of $6.25 and a high of $6.25.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -317.80%.
TMC Dividends
TMC the metals company Inc’s next quarterly earnings report is expected to be released in June.
BAIRD FINANCIAL GROUP, INC., with 0.7098% or 2.28 million shares worth $3.07 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Amplify ETF Trust-Amplify Lithium & Battery Technology ETF and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 531.59 shares worth $1.66 million, making up 0.15% of all outstanding shares. On the other hand, SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF held roughly 295.65 shares worth around $0.92 million, which represents about 0.08% of the total shares outstanding.
