Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -31.50% lower on its value in year-to-date trading and has touched a low of $32.24 and a high of $64.62 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 $38.45 in the last trading session, with the day’s gains setting it 2.8%.
Currently trading at $41.25, the stock is 10.45% and 10.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing 7.28% at the moment leaves the stock -7.86% off its SMA200. SQM registered -25.82% loss for a year compared to 6-month loss of -14.93%. The firm has a 50-day simple moving average (SMA 50) of $37.34 and a 200-day simple moving average (SMA200) of $44.71875.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.80% gain in the last 1 month and extending the period to 3 months gives it a -0.55%, and is 7.96% 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 3.18% over the week and 3.27% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 7682 employees, a market worth around $5.89B and $5.53B in sales. Current P/E ratio is 442.60 and Fwd P/E is 8.99. Profit margin for the company is 0.48%. Distance from 52-week low is 27.95% and -36.17% from its 52-week high. The company has generated returns on investments over the last 12 months (0.34%).
Sociedad Quimica Y Minera de Chile S.A. ADR quarterly earnings per share for the current quarter are estimated at 0.79 with sales reaching $1.11B over the same period.The EPS is expected to shrink by -111.80% this year, but quarterly earnings will post -37.30% year-over-year. Quarterly sales are estimated to shrink -39.50% in year-over-year returns.
The shares outstanding are 142.82M, and float is at 142.79M with Short Float at 5.08%.
The top institutional shareholder in the company is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with over 2.43 million shares valued at $98.89 million. The investor’s holdings represent 0.8496 of the SQM Shares outstanding. As of 2024-06-30, the second largest holder is SCHRODER INVESTMENT MANAGEMENT GROUP with 2.22 million shares valued at $90.36 million to account for 0.7763 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.94 million shares representing 0.6792 and valued at over $79.06 million, while LAZARD ASSET MANAGEMENT LLC holds 0.6714 of the shares totaling 1.92 million with a market value of $78.15 million.
