Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -6.46% lower on its value in year-to-date trading and has touched a low of $29.36 and a high of $45.89 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 $39.12 in the last trading session, with the day’s loss setting it -1.49%.
Currently trading at $37.63, the stock is 7.18% and 10.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -3.81% at the moment leaves the stock -0.58% off its SMA200. SQM registered 3.49% gain for a year compared to 6-month loss of -4.18%. The firm has a 50-day simple moving average (SMA 50) of $34.13 and a 200-day simple moving average (SMA200) of $37.85055.
The stock witnessed a 10.42% gain in the last 1 month and extending the period to 3 months gives it a 6.00%, and is 1.29% 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 4.81% over the week and 3.79% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 8344 employees, a market worth around $5.37B and $4.46B in sales. Current P/E ratio is 17.89 and Fwd P/E is 11.74. Profit margin for the company is 13.46%. Distance from 52-week low is 28.17% and -18.00% from its 52-week high. The company has generated returns on investments over the last 12 months (6.62%).
The EPS is expected to grow by 267.52% this year.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Top Institutional Holders
362.0 institutions hold shares in Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), with institutional investors hold 31.46% of the company’s shares. The shares outstanding are 142.82M, and float is at 141.91M with Short Float at 6.55%. Institutions hold 31.30% 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.
