TMC the metals company Inc [NASDAQ: TMC] surged by $0.3 during the normal trading session on while it closed the day at $2.37.
TMC the metals company Inc stock has also gained 32.40% of its value over the past 7 days. However, TMC stock has inclined by 147.91% in the 3 months of the year. Over the past six months meanwhile, it has gained 121.50% and gained 111.61% year-on date.
The market cap for TMC stock reached $815.67 million, with 324.13 million shares outstanding and 141.82 million shares in the current float. Compared to the average trading volume of 2.66M shares, TMC reached a trading volume of 10569602 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about TMC the metals company Inc [TMC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TMC shares is $3.98 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TMC stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for TMC the metals company Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 15, 2025. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Buy. The new note on the price target was released on November 13, 2023, representing the official price target for TMC the metals company Inc stock. Previously, the target price had yet another raise to $5, while Wedbush analysts kept a Neutral rating on TMC stock.
TMC stock trade performance evaluation
TMC the metals company Inc [TMC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.40. With this latest performance, TMC shares gained by 49.06% in over the last four-week period, additionally plugging by 121.50% over the last 6 months – not to mention a rise of 91.13% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TMC stock in for the last two-week period is set at 80.24, with the RSI for the last a single of trading hit 84.88, and the three-weeks RSI is set at 77.05 for TMC the metals company Inc [TMC]. The present Moving Average for the last 50 days of trading for this stock 1.32, while it was recorded at 1.99 for the last single week of trading, and 1.20 for the last 200 days.
TMC the metals company Inc [TMC]: An insightful look at the core fundamentals
TMC the metals company Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.05 and a Current Ratio set at 0.05.
Earnings per share (EPS) analysis for TMC the metals company Inc [TMC] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for TMC the metals company Inc go to 21.66%.
TMC the metals company Inc [TMC]: Institutional Ownership
The top three institutional holders of TMC stocks are: FIRST MANHATTAN CO. LLC. with ownership of 7.6 million shares, which is approximately 2.4405%. BAIRD FINANCIAL GROUP, INC., holding 2.28 million shares of the stock with an approximate value of $$3.07 million in TMC stocks shares; and BAIRD FINANCIAL GROUP, INC., currently with $$2.85 million in TMC stock with ownership which is approximately 0.6568%.
