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. Year to date metric has recorded a gain of 45.00%.However, over the last six months, we can see a weaker performance of 60.92%. Over the last 30 days, the price of TMC has fallen by 17.28%. And in the last five days, it has surged by 2.90%.
TMC the metals company Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $3.20 on 07/10/23 and the lowest value was $0.65 on 06/06/23.
52-week price history of TMC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. TMC the metals company Inc’s current trading price is -50.16% away from its 52-week high, while its distance from the 52-week low is 145.38%. The stock’s price range during this period has varied between$0.65 and $3.20. The TMC the metals company Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 6.83 million for the day, a figure considerably higher than their average daily volume of 1.85 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
TMC the metals company Inc (TMC) has experienced a quarterly rise of 45.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 507.61M and boasts a workforce of 46 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2987, with a change in price of +0.5600. Similarly, TMC the metals company Inc recorded 1,595,781 in trading volume during the last 100 days, posting a change of +54.37%.
TMC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 46.07%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 39.24%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 26.16% and 20.25%, respectively.
