During the last session, TMC the metals company Inc (NASDAQ:TMC)’s traded shares were 3.94 million, with the beta value of the company hitting 1.33. At the end of the trading day, the stock’s price was $3.04, reflecting an intraday gain of 4.47% or $0.13. The 52-week high for the TMC share is $3.80, that puts it down -25.0 from that peak though still a striking 76.32% gain since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $1.09B, and the average trade volume was 6.66 million shares over the past three months.
TMC the metals company Inc (NASDAQ:TMC) trade information
TMC the metals company Inc (TMC) registered a 4.47% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 4.47% in intraday trading to $3.04, hitting a weekly high. The stock’s 5-day price performance is -1.94%, and it has moved by 87.65% in 30 days. Based on these gigs, the overall price performance for the year is 93.63%.
The consensus price target of analysts on Wall Street is $6.25, which implies an increase of 51.36% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.25 and $6.25 respectively. As a result, TMC is trading at a discount of -105.59% off the target high and -105.59% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -317.80%. While earnings are projected to return 48.00% in 2025.
TMC Dividends
TMC the metals company Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.28 million shares, is of BAIRD FINANCIAL GROUP, INC.’s that is approximately 0.7098% 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 ETF Trust-Amplify Lithium & Battery Technology ETF and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF . Data provided on Dec 31, 2024 indicates that Amplify ETF Trust-Amplify Lithium & Battery Technology ETF owns about 531.59 shares. This amounts to just over 0.15 percent of the company’s overall shares, with a $1.62 million market value. The same data shows that the other fund manager holds slightly less at 295.65, or about 0.08% of the stock, which is worth about $0.9 million.
