Currently, there are 324.13M common shares owned by the public and among those 141.82M shares have been available to trade.
The company’s stock has a 5-day price change of 11.61% and 74.94% over the past three months. TMC shares are trading 54.46% year to date (YTD), with the 12-month market performance up to 28.15% higher. It has a 12-month low price of $0.72 and touched a high of $2.07 over the same period. TMC has an average intraday trading volume of 2.46 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 20.43%, 55.80%, and 45.77% respectively.
Institutional ownership of TMC the metals company Inc (NASDAQ: TMC) shares accounts for 5.14% of the company’s 324.13M shares outstanding.
It has a market capitalization of $595.40M and a beta (3y monthly) value of 1.52. The earnings-per-share (ttm) stands at -$0.36. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.71% over the week and 13.93% over the month.
Earnings per share for the fiscal year are expected to increase by 16.51%, and 40.76% over the next financial year. EPS should grow at an annualized rate of 21.66% over the next five years, compared to -497.91% over the past 5-year period.
Looking at the support for the TMC, a number of firms have released research notes about the stock. Alliance Global Partners stated their Buy rating for the stock in a research note on January 15, 2025, with the firm’s price target at $3.75. Cantor Fitzgerald coverage for the TMC the metals company Inc (TMC) stock in a research note released on November 13, 2023 offered a Buy rating with a price target of $4.20. Wedbush was of a view on November 24, 2021 that the stock is Neutral, while Piper Sandler gave the stock Neutral rating on November 12, 2021, issuing a price target of $3. The Benchmark Company on their part issued Hold rating on November 11, 2021.
