TMC the metals company Inc (NASDAQ:TMC) price on Wednesday, April 30, fall -4.27% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.14.
A look at the stock’s price movement, the close in the last trading session was $3.28, moving within a range at $2.92 and $3.14. The beta value (5-Year monthly) was 1.455. Turning to its 52-week performance, $3.80 and $0.72 were the 52-week high and 52-week low respectively. Overall, TMC moved 82.56% over the past month.
TMC the metals company Inc’s market cap currently stands at around $1.13 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TMC is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
TMC’s current price about 25.68% and 50.05% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.58, while 7-day volatility ratio is 20.89% and 18.01% in the 30-day chart. Further, TMC the metals company Inc (TMC) has a beta value of 1.30, and an average true range (ATR) of 0.44. Analysts have given the company’s stock an average 52-week price target of $6.25, forecast between a low of $6.25 and high of $6.25. Looking at the price targets, the low is -99.04% off current price level while to achieve the yearly target high, price needs to move -99.04%. Nonetheless, investors will most likely welcome a -99.04% jump to $6.25 which is the analysts’ median price.
If we refocus on TMC the metals company Inc (NASDAQ:TMC), historical trading data shows that trading volumes averaged 17.54 over the past 10 days and 6.25 million over the past 3 months. The company’s latest data on shares outstanding shows there are 340.71 million shares.
The 48.91% of TMC the metals company Inc’s shares are in the hands of company insiders while institutional holders own 9.17% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.74 million on 2025-04-15, giving us a short ratio of 2.0. The data shows that as of 2025-04-15 short interest in TMC the metals company Inc (TMC) stood at 590.0 of shares outstanding, with shares short rising to 11.08 million registered in 2025-03-14. Current price change has pushed the stock 180.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TMC stock continues to rise going into the next quarter.
