Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -37.86% 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 $37.47 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $37.42, the stock is -2.45% and -3.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.68 million and changing -0.13% at the moment leaves the stock -10.28% off its SMA200. SQM registered -38.95% loss for a year compared to 6-month loss of -9.79%. The firm has a 50-day simple moving average (SMA 50) of $38.753 and a 200-day simple moving average (SMA200) of $41.76825.
The stock witnessed a -3.66% gain in the last 1 month and extending the period to 3 months gives it a -9.28%, and is 0.27% 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 2.11% over the week and 2.82% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 7682 employees, a market worth around $5.34B and $4.77B in sales. Fwd P/E is 11.62. Profit margin for the company is -6.74%. Distance from 52-week low is 16.07% and -42.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.60%).
The EPS is expected to shrink by -117.11% this year
The shares outstanding are 142.82M, and float is at 142.79M with Short Float at 5.29%.
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.
