Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE:SQM) shares, rose in value on Friday, May 09, with the stock price up by 1.72% to the previous day’s close as strong demand from buyers drove the stock to $34.86.
Actively observing the price movement in the last trading, the stock closed the session at $34.27. Referring to stock’s 52-week performance, its high was $50.73, and the low was $31.27. On the whole, SQM has fluctuated by -1.80% over the past month.
With the market capitalization of Sociedad Quimica Y Minera de Chile S.A. ADR currently standing at about $4.98 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.22, with its dividend yield at 0.64%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SQM’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SQM currently trading nearly 0.55% and -8.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.13, while the 7-day volatility ratio is showing 2.34% which for the 30-day chart, stands at 3.46%. Furthermore, Sociedad Quimica Y Minera de Chile S.A. ADR (SQM)’s beta value is 1.14, and its average true range (ATR) is 1.30.
A comparison of Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) with its peers suggests the former has fared considerably weaker in the market. SQM showed an intraday change of 1.72% in last session, and over the past year, it shrunk by -27.39%%.
Data on historical trading for Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE:SQM) indicates that the trading volumes over the past 3 months, they’ve averaged 1.20 million. According to company’s latest data on outstanding shares, there are 142.82 million shares outstanding.
Nearly 0.64% of Sociedad Quimica Y Minera de Chile S.A. ADR’s shares belong to company insiders and institutional investors own 30.18% of the company’s shares. The stock has fallen by -4.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SQM stock heading into the next quarter.
