In Friday’s Wall Street session, TMC the metals company Inc (NASDAQ:TMC) shares traded at $1.72, up 1.18% from the previous session.
TMC stock price is now -3.02% away from the 50-day moving average and 37.90% away from the 200-day moving average. The market capitalization of the company currently stands at $598.41M.
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With the price target of $3.75, Alliance Global Partners recently initiated with Buy rating for TMC the metals company Inc (NASDAQ: TMC). On November 13, 2023, Cantor Fitzgerald recently initiated its ‘Buy’ rating on the stock quoting a target price of $4.20, while ‘Wedbush’ rates the stock as ‘Neutral’
In other news, May Brendan, Director sold 8,916 shares of the company’s stock on Mar 04 ’25. The stock was sold for $14,890 at an average price of $1.67. Upon completion of the transaction, the Director now directly owns 108,365 shares in the company, valued at $0.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 30 ’24, Chief Strategy Officer ILVES Erika sold 217,099 shares of the business’s stock. A total of $240,980 was realized by selling the stock at an average price of $1.11. This leaves the insider owning 998,170 shares of the company worth $1.72 million. A total of 66.72% of the company’s stock is owned by insiders.
During the past 12 months, TMC the metals company Inc has had a low of $0.72 and a high of $2.55. The fifty day moving average price for TMC is $1.7736 and a two-hundred day moving average price translates $1.2473 for the stock.
The latest earnings results from TMC the metals company Inc (NASDAQ: TMC) was released for 2024-09-30. The company reported revenue of $16.35 million for the quarter, compared to $33.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -50.85 percent.
