Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -17.75% lower on its value in year-to-date trading and has touched a low of $38.50 and a high of $85.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SQM stock was last observed hovering at around $50.51 in the last trading session, with the day’s loss setting it -0.98%.
Currently trading at $49.53, the stock is 3.93% and 7.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing -1.94% at the moment leaves the stock -13.94% off its SMA200. SQM registered -39.54% loss for a year compared to 6-month loss of -15.77%. The firm has a 50-day simple moving average (SMA 50) of $2.18 and a 200-day simple moving average (SMA200) of $5.54.
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The stock witnessed a 15.40% gain in the last 1 month and extending the period to 3 months gives it a -14.57%, and is 1.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.97% over the week and 3.88% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 7682 employees, a market worth around $7.07B and $7.47B in sales. Current P/E ratio is 7.03 and Fwd P/E is 7.83. Profit margin for the company is 26.95%. Distance from 52-week low is 28.65% and -42.08% from its 52-week high. The company has generated returns on investments over the last 12 months (22.87%).
Sociedad Quimica Y Minera de Chile S.A. ADR quarterly earnings per share for the current quarter are estimated at $0.87 with sales reaching $1.19B over the same period.The EPS is expected to shrink by -30.39% this year, but quarterly earnings will post -28.00% year-over-year. Quarterly sales are estimated to shrink -51.80% in year-over-year returns.
487 institutions hold shares in Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), with institutional investors hold 27.32% of the company’s shares. The shares outstanding are 142.82M, and float is at 142.79M with Short Float at 3.41%. Institutions hold 27.17% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 3.64 million shares valued at $264.55 million. The investor’s holdings represent 1.28% of the SQM Shares outstanding. As of Jun 29, 2023, the second largest holder is Capital International Investors with 3.5 million shares valued at $254.17 million to account for 1.23% of the shares outstanding. The other top investors are abrdn plc which holds 2.52 million shares representing 0.88% and valued at over $183.25 million, while Lazard Asset Management LLC holds 0.86% of the shares totaling 2.45 million with a market value of $177.63 million.
