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 -57.97% away from its 52-week high, while its distance from the 52-week low is 106.92%. 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 6.69 million for the day, a number notably higher than the average daily volume of 1.72 million over the last three months.
TMC the metals company Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $3.20 on 07/10/23, while the lowest price for the same period was registered 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 21.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 412.07M and boasts a workforce of 46 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2789, with a change in price of +0.5268. Similarly, TMC the metals company Inc recorded 1,523,603 in trading volume during the last 100 days, posting a change of +64.39%.
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 1.28. Similarly, the long-term debt-to-equity ratio is also 1.28.
TMC Stock Stochastic Average
TMC the metals company Inc’s raw stochastic average for the past 50 days is presently 21.20%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 8.23%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 30.60% and 45.00%, respectively.
TMC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 22.27% this year. Over the last six months, there has been a weaker performance of 25.70%. The price of TMC fallen by 6.75% during the last 30 days period. For the last 5-days stocks have slided -19.46%.
