For the readers interested in the stock health of TMC the metals company Inc. (TMC). It is currently valued at $1.17. When the transactions were called off in the previous session, Stock hit the highs of $1.21, after setting-off with the price of $1.14. Company’s stock value dipped to $1.12 during the trading on the day. When the trading was stopped its value was $1.12.Recently in News on September 7, 2022, The Metals Company Subsidiary, NORI, Receives ISA Recommendation to Commence Pilot Nodule Collection Trials in the Clarion Clipperton Zone of the Pacific Ocean. The completion of the ISA’s review of the Collector Test Environmental Impact Statement (EIS) paves the way for TMC subsidiary, Nauru Ocean Resources Inc (NORI), to conduct its planned pilot collection system trials on its NORI-D exploration area in the Clarion Clipperton Zone of the Pacific Ocean beginning later this month. You can read further details here
TMC the metals company Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.3400 on 03/14/22, with the lowest value was $0.7901 for the same time period, recorded on 07/15/22.
TMC the metals company Inc. (TMC) full year performance was -83.08%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, TMC the metals company Inc. shares are logging -87.14% during the 52-week period from high price, and 48.08% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.79 and $9.10.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1955604 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the TMC the metals company Inc. (TMC) recorded performance in the market was -43.75%, having the revenues showcasing 9.35% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 221.08M, as it employees total of 31 workers.
The Analysts eye on TMC the metals company Inc. (TMC)
During the last month, 0 analysts gave the TMC the metals company Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1111, with a change in the price was noted -0.37. In a similar fashion, TMC the metals company Inc. posted a movement of -24.03% for the period of last 100 days, recording 1,892,938 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TMC is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of TMC the metals company Inc. (TMC)
Raw Stochastic average of TMC the metals company Inc. in the period of last 50 days is set at 67.85%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.27%. In the last 20 days, the company’s Stochastic %K was 68.48% and its Stochastic %D was recorded 74.34%.
Considering, the past performance of TMC the metals company Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -43.75%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -42.65%, alongside a downfall of -83.08% for the period of the last 12 months. The shares increased approximately by 12.50% in the 7-day charts and went down by 38.77% in the period of the last 30 days. Common stock shares were driven by 9.35% during last recorded quarter.