Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -7.67% lower on its value in year-to-date trading and has touched a low of $31.27 and a high of $50.73 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 $33.85 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $33.57, the stock is -3.13% and -12.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -0.83% at the moment leaves the stock -12.78% off its SMA200. SQM registered -29.59% loss for a year compared to 6-month loss of -14.30%.
The stock witnessed a -3.34% gain in the last 1 month and extending the period to 3 months gives it a -10.95%, and is -1.84% 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 2.43% over the week and 4.66% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 8344 employees, a market worth around $4.79B and $4.53B in sales. Fwd P/E is 9.10. Profit margin for the company is -8.93%. Distance from 52-week low is 7.36% and -33.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.58%).
The EPS is expected to grow by 284.23% this year
The shares outstanding are 142.82M, and float is at 141.91M with Short Float at 5.43%.
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.
