TMC the metals company Inc (NASDAQ:TMC) currently has a daily average trading volume of 3.14M but it saw 4739615 shares traded in last market. With a market cap of 674.94M USD, the company’s current market price of $1.94 came rising about 16.87 while comparing to the previous closing price of $1.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.55 and as low as $0.72. In the recent trading on the day, stock has struck highest price mark of $1.61 while lowest mark touched by it was $1.95.
Taking a look at 20-day trading activity of TMC the metals company Inc (TMC) gives us an average price of $1.7855, while its current price level is -23.92% below from 52-week high level whereas it is 169.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.7844 while that of 200 days or SMA-200 reads an average of $1.2528. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.42% during that period while stretching the period over a month that decreases to 9.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.58 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Alliance Global Partners which initiated the stock as “Buy” in its note to investors issued on January 15, 2025, recommending a price target of $3.75 for it. Wedbush also issued its recommendations for the stock as it initiated the price target for the stock is $5.
Over the week, TMC’s stock price is moving 16.87% up while it is 15.48% when we observe its performance for the past one month. Year-to-date it is 73.21% up and over the past year, the stock is showing an upside performance of 34.72%.
Currently, TMC the metals company Inc’s total number of outstanding shares is 340.71M with 46.72% of that held by the insiders while 9.48% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -667.42%. Stock’s beta reads 1.46. Its return on asset (ROA) is -124.26% on average.
