The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. TMC the metals company Inc’s current trading price is -45.31% away from its 52-week high, while its distance from the 52-week low is 169.23%. The stock’s price range for this period has been between $0.65 and $3.20 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 9.47 million for the day, a number notably higher than the average daily volume of 1.34 million over the last three months.
In terms of market performance, TMC the metals company Inc had a fairly even. The highest value for the stock in the past year was $3.20 on 07/10/23, and the lowest value was recorded at $0.65 on 06/06/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
TMC the metals company Inc (TMC) has experienced a quarterly rise of 56.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 536.15M and boasts a workforce of 39 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1973, with a change in price of +0.8180. Similarly, TMC the metals company Inc recorded 1,277,243 in trading volume during the last 100 days, posting a change of +87.77%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TMC stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
TMC Stock Stochastic Average
As of today, TMC the metals company Inc’s raw stochastic average for the last 50 days stands at 73.68%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 69.51%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 79.48% and 85.30%, respectively.
TMC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 59.09% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 47.06%. Over the past 30 days, the price of TMC has fallen by 41.13%. And in the last five days, it has surged by 22.38%.
