In today’s recent session, 5.78 million shares of the TMC the metals company Inc (NASDAQ:TMC) have been traded, and its beta is 1.43. Most recently the company’s share price was $4.73, and it changed around $0.11 or 2.37% from the last close, which brings the market valuation of the company to $1.75B. TMC at last check was trading at a discount to its 52-week high of $4.84, offering almost -2.33% off that amount. The share price’s 52-week low was $0.72, which indicates that the recent value has risen by an impressive 84.78% since then. We note from TMC the metals company Inc’s average daily trading volume that its 10-day average is 10.8 million shares, with the 3-month average coming to 7.68 million.
TMC the metals company Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. 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 is expected to report earnings per share of -0.05 for the current quarter.
TMC the metals company Inc (NASDAQ:TMC) trade information
Instantly TMC has been showing a green trend so far today with a performance of 2.37% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.16 on recent trading dayincreased the stock’s daily price by 8.33%. The company’s shares are currently up 322.28% year-to-date, but still up 6.28% over the last five days. On the other hand, TMC the metals company Inc (NASDAQ:TMC) is 55.07% up in the 30-day period. We can see from the shorts that 17.43 million shares have been sold at a short interest cover period of 1.31 day(s).
The consensus price target as assigned by Wall Street analysts is $6.25, which translates to bulls needing to increase their stock price by 24.32% 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.
Forecasts for the next quarter put sales growth at 0.00%.
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 on 2025-May-13.
TMC the metals company Inc (NASDAQ:TMC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 44.94% of TMC the metals company Inc shares, and 9.67% of them are in the hands of institutional investors. The stock currently has a share float of 17.57%. TMC the metals company Inc stock is held by 113.0 institutions, with FIRST MANHATTAN CO. LLC. being the largest institutional investor. By 2024-06-30, it held 2.3693% of the shares, which is about 7.6 million shares worth $10.26 million.
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 $2.51 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 299.14 shares worth around $1.41 million, which represents about 0.08% of the total shares outstanding.
