What is the Market's View on TMC the metals company Inc (TMC) Stock's Price and Volume Trends Friday?

Overall market sentiment has been high on TMC the metals company Inc (TMC) stock lately. TMC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

TMC the metals company Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TMC!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TMC Stock Today?

TMC the metals company Inc (TMC) stock is trading at $1.40 as of 1:05 PM on Friday, Nov 24, a gain of $0.23, or 19.66% from the previous closing price of $1.17. The stock has traded between $1.17 and $1.40 so far today. Volume today is more active than usual. So far 2,209,180 shares have traded compared to average volume of 789,764 shares.

More About TMC the metals company Inc

TMC The Metals Co Inc is an explorer of lower-impact battery metals from seafloor polymetallic nodules. It supplies metals for the clean energy transition with the least possible negative environmental and social impact and accelerates the transition to a circular metal economy. The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati, and the Kingdom of Tonga. Click Here to get the full Stock Report for TMC the metals company Inc stock.