TMC the metals company Inc’s recently made public that its Chief Strategy Officer ILVES Erika unloaded Company’s shares for reported $0.24 million on Dec 30 ’24. In the deal valued at $1.11 per share,217,099 shares were sold. As a result of this transaction, ILVES Erika now holds 998,170 shares worth roughly $1.73 million.
Then, May Brendan bought 25,000 shares, generating $21,870 in total proceeds. Upon buying the shares at $0.87, the Director now owns 100,040 shares.
Before that, Shesky Craig sold 47,523 shares. TMC the metals company Inc shares valued at $40,185 were divested by the Chief Financial Officer at a price of $0.85 per share. As a result of the transaction, Shesky Craig now holds 977,844 shares, worth roughly $1.69 million.
Alliance Global Partners initiated its TMC the metals company Inc [TMC] rating to a Buy in a research note published on January 15, 2025; the price target was $3.75. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. Wedbush began covering TMC with “Neutral” recommendation on November 24, 2021. Piper Sandler started covering the stock on November 12, 2021. It rated TMC as “a Neutral”.
Price Performance Review of TMC
On Tuesday, TMC the metals company Inc [NASDAQ:TMC] saw its stock fall -2.81% to $1.73. Over the last five days, the stock has gained 11.61%. TMC the metals company Inc shares have risen nearly 54.46% since the year began. Nevertheless, the stocks have risen 28.15% over the past one year. While a 52-week high of $2.07 was reached on 02/04/25, a 52-week low of $0.72 was recorded on 01/14/25. SMA at 50 days reached $1.1104, while 200 days put it at $1.1868.
Levels Of Support And Resistance For TMC Stock
The 24-hour chart illustrates a support level at 1.6467, which if violated will result in even more drops to 1.5633. On the upside, there is a resistance level at 1.8767. A further resistance level may holdings at 2.0233. The Relative Strength Index (RSI) on the 14-day chart is 67.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1383, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.00%. Stochastics %K at 78.10% indicates the stock is a holding.
How much short interest is there in TMC the metals company Inc?
A steep rise in short interest was recorded in TMC the metals company Inc stocks on 2024-10-31, growing by 0.77 million shares to a total of 10.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9.92 million shares. There was a rise of 7.17%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 11, 2021 when The Benchmark Company began covering the stock and recommended ‘”a Hold”‘ rating .
