TMC the metals company Inc [TMC] stock is trading at $1.10, up 25.00%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TMC shares have gain 51.72% over the last week, with a monthly amount glided 31.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TMC the metals company Inc [NASDAQ: TMC] stock has seen the most recent analyst activity on November 13, 2023, when Cantor Fitzgerald initiated its Buy rating and assigned the stock a price target of $4.20. Previously, Wedbush started tracking the stock with Neutral rating on November 24, 2021, and set its price target to $5. On November 12, 2021, Piper Sandler initiated with a Neutral rating and assigned a price target of $3 on the stock. The Benchmark Company started tracking the stock assigning a Hold rating.
TMC the metals company Inc [TMC] stock has fluctuated between $0.72 and $2.07 over the past year. TMC the metals company Inc [NASDAQ: TMC] shares were valued at $1.10 at the most recent close of the market.
Analyzing the TMC fundamentals
Gross Profit Margin for this corporation currently stands at -1.0% with Operating Profit Margin at -4.87%, Pretax Profit Margin comes in at -5.6%, and Net Profit Margin reading is -5.6%. To continue investigating profitability, this company’s Return on Assets is posted at -1.84, Equity is 24.65 and Total Capital is -1.88. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9311 points at the first support level, and at 0.7621 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1845, and for the 2nd resistance point, it is at 1.2689.
Ratios To Look Out For
For context, TMC the metals company Inc’s Current Ratio is 0.05. In addition, the Quick Ratio stands at 0.05 and the Cash Ratio stands at 0.04.
Transactions by insiders
Recent insider trading involved May Brendan, Director, that happened on Dec 24 ’24 when 25000.0 shares were purchased. Chief Financial Officer, Shesky Craig completed a deal on Nov 27 ’24 to sell 47523.0 shares. Meanwhile, Officer Shesky Craig bought 47523.0 shares on Nov 27 ’24.
