TMC the metals company Inc (NASDAQ:TMC) price closed lower on Friday, April 25, and dropping -17.34% below its previous close.
A look at the daily price movement shows that the last close reads $3.69, with intraday deals fluctuated between $2.915 and $3.512. The company’s 5Y monthly beta was ticking 1.455. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.80 and 52-week low of $0.72. The stock added 83.73% on its value in the past month.
TMC the metals company Inc, which has a market valuation of $1.09 billion, is expected to release its quarterly earnings report on 2025-Mar-26.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give TMC a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that TMC’s price is at present 34.54% off the SMA20 and 51.42% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 61.04, with weekly volatility standing at 24.58%. The indicator jumps to 19.52% when calculated based on the past 30 days. TMC the metals company Inc (NASDAQ:TMC)’s beta value is holding at 1.14, while the average true range (ATR) indicator is currently reading 0.43. Considering analysts have assigned the stock a price target range of $6.25-$6.25 as the low and high respectively, we find the trailing 12-month average consensus price target to be $6.25. Based on this estimate, we see that current price is roughly -104.92% off the estimated low and -104.92% off the forecast high. Investors will no doubt be excited to see the share price fall to $6.25, which is the median consensus price, and at that level TMC would be -104.92% from current price.
An analysis of the TMC the metals company Inc (NASDAQ:TMC) stock in terms of its daily trading volume indicates that the 3-month average is 5.51 million. However, this figure increases on the past 10-day timeline to an average of 21.24 million.
Current records show that the company has 340.71M in outstanding shares. The insiders’ percentage holdings are 48.91% of outstanding shares while the percentage share held by institutions stands at 9.17%. The stats also highlight that short interest as of 2025-04-15, stood at 12.74 million shares, which puts the short ratio at the time at 2.0. From this we can glean that short interest is 590.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 11.08 million. But the 172.32% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
