Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -2.37% lower on its value in year-to-date trading and has touched a low of $31.27 and a high of $51.90 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 $31.61 in the last trading session, with the day’s gains setting it 3.89%.
Currently trading at $35.50, the stock is -12.94% and -11.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.65 million and changing 12.31% at the moment leaves the stock -9.26% off its SMA200. SQM registered -28.73% loss for a year compared to 6-month gain of -16.78%. The firm has a 50-day simple moving average (SMA 50) of $40.048 and a 200-day simple moving average (SMA200) of $39.1207.
The stock witnessed a -16.88% loss in the last 1 month and extending the period to 3 months gives it a -9.60%, and is -10.74% 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 9.65% over the week and 4.56% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 8344 employees, a market worth around $5.07B and $4.53B in sales. Fwd P/E is 9.71. Profit margin for the company is -8.93%. Distance from 52-week low is 13.53% and -31.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.58%).
with sales reaching $1.03B over the same period.The EPS is expected to grow by 284.72% this year, but quarterly earnings will post 1.95% year-over-year. Quarterly sales are estimated to shrink -4.76% in year-over-year returns.
372.0 institutions hold shares in Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), with institutional investors hold 26.68% of the company’s shares. The shares outstanding are 142.82M, and float is at 141.91M with Short Float at 4.80%. Institutions hold 26.54% of the Float.
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 0.8497 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 0.7764 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.94 million shares representing 0.6793 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.
