In the last trading session, 9.33 million TMC the metals company Inc (NASDAQ:TMC) shares changed hands as the company’s beta touched 1.57. With the company’s per share price at $6.81 changed hands at -$0.37 or -5.15% during last session, the market valuation stood at $2.53B. TMC’s last price was a discount, traded about -19.09% off its 52-week high of $8.11. The share price had its 52-week low at $0.72, which suggests the last value was 89.43% up since then. When we look at TMC the metals company Inc’s average trading volume, we note the 10-day average is 18.29 million shares, with the 3-month average coming to 11.65 million.
TMC the metals company Inc (NASDAQ:TMC) trade information
Instantly TMC was in red as seen at the end of in last trading. With action 3.81%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 386.43%, with the 5-day performance at 3.81% in the green. However, in the 30-day time frame, TMC the metals company Inc (NASDAQ:TMC) is 44.28% up. Looking at the short shares, we see there were 16.62 million shares sold at short interest cover period of 1.81 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8.62, meaning bulls need an upside of 21.0% from its current market value. According to analyst projections, TMC’s forecast low is 6.25 with 11 as the target high. To hit the forecast high, the stock’s price needs a -61.53% plunge from its current level, while the stock would need to tank 8.22% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -317.80%. The 2025 estimates are for TMC the metals company Inc earnings to increase by 18.58%.
TMC Dividends
TMC the metals company Inc is expected to release its next quarterly earnings report on 2025-May-14.
TMC the metals company Inc (NASDAQ:TMC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 45.67% of TMC the metals company Inc shares while 10.05% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.50%. There are 10.05% institutions holding the TMC the metals company Inc stock share, with FIRST MANHATTAN CO. LLC. the top institutional holder. As of 2024-06-30, the company held 2.3693% of the shares, roughly 7.6 million TMC shares worth $10.26 million.
BAIRD FINANCIAL GROUP, INC. holds the second largest percentage of outstanding shares, with 0.7098% or 2.28 million shares worth $3.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were SPDR INDEX SHARES FUNDS-SPDR Portfolio Developed World ex-US ETF and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . With 299.14 shares estimated at $2.04 million under it, the former controlled 0.08% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held about 0.05% of the shares, roughly 184.17 shares worth around $1.25 million.
