The price of TMC the metals company Inc (NASDAQ:TMC) shares last traded on Wall Street rose 6.09% to $2.96.
TMC stock price is now 54.71% away from the 50-day moving average and 128.44% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.
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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, Shesky Craig, Chief Financial Officer sold 353,702 shares of the company’s stock on Apr 01 ’25. The stock was sold for $585,518 at an average price of $1.66. Upon completion of the transaction, the Chief Financial Officer now directly owns 1,145,717 shares in the company, valued at $3.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Officer Shesky Craig bought 353,702 shares of the business’s stock. A total of $585,509 was incurred on buying the stock at an average price of $1.66. A total of 66.62% 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 $3.57. The fifty day moving average price for TMC is $1.9132 and a two-hundred day moving average price translates $1.295775 for the stock.
The latest earnings results from TMC the metals company Inc (NASDAQ: TMC) was released for 2024-12-31. 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.
