TMC the metals company Inc (NASDAQ:TMC) traded at $2.44 at close of the session on Monday, April 21 and made a downward move of -17.57% on its previous day’s price.
Looking at the stock we see that its previous close was $2.96 and the beta (5Y monthly) reads 1.455 with the day’s price range being $2.22 – $2.97. In terms of its 52-week price range, TMC has a high of $3.57 and a low of $0.72. The company’s stock has gained about 37.85% over that past 30 days.
TMC the metals company Inc has a market cap of $875.24 million and is expected to release its quarterly earnings report on 2025-Mar-26.
On the other hand, looking at the outlook for the TMC stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 20.14% off its SMA20 and 26.71% from its 50-day simple moving average. The RSI (14) is pointing at 58.26 while the volatility over the past week is 26.91% and jumps to 16.32% over the past one month. The beta value is 1.02, while the average true range (ATR) is currently pointing at 0.35.
Coming back to TMC the metals company Inc (NASDAQ:TMC), we note that the average 3-month trading volume was 4.35 million, while that of the preceding 10-day period stands at 12.75 million. Current shares outstanding are 340.71 million.
The insiders hold 48.91% of the company’s shares while institutions hold 9.21%. The data shows that short shares as of 2025-03-31, stood at 10.95 million at a short ratio of 4.57. This represents a 527.00 short interest in shares outstanding on 2025-03-31. Shares short rose in March from the previous month at 10.84 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 117.86% up in year-to-date price movement.
