Navigating the Volatility of Sociedad Quimica Y Minera de Chile S.A. ADR’s (SQM) Stock

The stock of Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has gone up by 8.31% for the week, with a 3.20% rise in the past month and a -16.44% drop in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are 3.52% for SQM. The simple moving average for the last 20 days is 2.86% for SQM stock, with a simple moving average of -12.33% for the last 200 days.

Is It Worth Investing in Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) Right Now?

The price-to-earnings ratio for Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is above average at 7.05x, Company’s 36-month beta value is 1.11.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 1 as “sell.”

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The public float for SQM is 142.79M, and currently, short sellers hold a 2.83% ratio of that floaft. The average trading volume of SQM on April 04, 2024 was 1.52M shares.

SQM) stock’s latest price update

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM)’s stock price has plunge by 3.22relation to previous closing price of 48.12. Nevertheless, the company has seen a 8.31% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that The latest trading day saw SQM (SQM) settling at $48.99, representing a -0.35% change from its previous close.

Analysts’ Opinion of SQM

Many brokerage firms have already submitted their reports for SQM stocks, with Deutsche Bank repeating the rating for SQM by listing it as a “Hold.” The predicted price for SQM in the upcoming period, according to Deutsche Bank is $52 based on the research report published on January 11, 2024 of the current year 2024.

Scotiabank gave a rating of “Sector Outperform” to SQM, setting the target price at $84 in the report published on October 26th of the previous year.

SQM Trading at 8.65% from the 50-Day Moving Average

After a stumble in the market that brought SQM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.64% of loss for the given period.

Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares surge +11.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.78% upper at present.

During the last 5 trading sessions, SQM rose by +8.31%, which changed the moving average for the period of 200-days by -31.01% in comparison to the 20-day moving average, which settled at $48.54. In addition, Sociedad Quimica Y Minera de Chile S.A. ADR saw -17.52% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SQM

Current profitability levels for the company are sitting at:

  • 0.39 for the present operating margin
  • 0.42 for the gross margin

The net margin for Sociedad Quimica Y Minera de Chile S.A. ADR stands at 0.27. The total capital return value is set at 0.31. Equity return is now at value 38.60, with 17.87 for asset returns.

Based on Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 19.77.

Currently, EBITDA for the company is 3.17 billion with net debt to EBITDA at 1.15. When we switch over and look at the enterprise to sales, we see a ratio of 2.32. The receivables turnover for the company is 7.35for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.

Conclusion

In a nutshell, Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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