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Is Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) a good stock to buy now?

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -36.58% 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 $36.67 in the last trading session, with the day’s gains setting it 1.52%.

Currently trading at $38.19, the stock is -2.71% and -2.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 4.15% at the moment leaves the stock -10.29% off its SMA200. SQM registered -19.24% loss for a year compared to 6-month loss of -20.60%. The firm has a 50-day simple moving average (SMA 50) of $39.2496 and a 200-day simple moving average (SMA200) of $42.6166.

The stock witnessed a -9.99% gain in the last 1 month and extending the period to 3 months gives it a 4.95%, and is -3.92% down 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 4.00% 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 $5.45B and $5.53B in sales. Current P/E ratio is 409.76 and Fwd P/E is 9.08. Profit margin for the company is 0.48%. Distance from 52-week low is 18.46% and -40.90% from its 52-week high. The company has generated returns on investments over the last 12 months (0.34%).

with sales reaching $1.09B over the same period.The EPS is expected to shrink by -112.14% this year, but quarterly earnings will post -37.60% year-over-year. Quarterly sales are estimated to shrink -40.90% in year-over-year returns.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Top Institutional Holders

The shares outstanding are 142.82M, and float is at 142.79M with Short Float at 4.73%.

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.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Insider Activity

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