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Attention Investors: What’s Really Happening To Sibanye Stillwater Limited ADR (NYSE: SBSW)

Sibanye Stillwater Limited ADR (NYSE:SBSW) price is hovering higher on Monday, February 12, jumping 1.87% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $4.28. The company’s 5Y monthly beta was ticking 1.47 while its P/E ratio in the trailing 12-month period read 3.98. Taking into account the 52-week price action we note that the stock hit a 52-week high of $9.96 and 52-week low of $4.00. The stock subtracted -11.20% on its value in the past month.

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Sibanye Stillwater Limited ADR, which has a market valuation of $3.09 billion. The company stock has a Forward Dividend ratio of 0.13 (3.01%), while the dividend yield is 0.38 (8.66%). It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Staying with the analyst view, there is a consensus estimate of $8.45 billion for the company’s annual revenue in 2022. Per this projection, the revenue is forecast to grow -27.50% below that which the company brought in 2022.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SBSW a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

The overview shows that SBSW’s price is at present -7.18% off the SMA20 and -11.18% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 39.27, with weekly volatility standing at 2.85%. The indicator jumps to 3.97% when calculated based on the past 30 days. Sibanye Stillwater Limited ADR (NYSE:SBSW)’s beta value is holding at 1.67, while the average true range (ATR) indicator is currently reading 0.23.

An analysis of the Sibanye Stillwater Limited ADR (NYSE:SBSW) stock in terms of its daily trading volume indicates that the 3-month average is 1.75. However, this figure increases on the past 10-day timeline to an average of 4.1 million.

Current records show that the company has 707.59M in outstanding shares. The insiders’ percentage holdings are 0.12% of outstanding shares while the percentage share held by institutions stands at 11.91%. The stats also highlight that short interest as of Jan 31, 2024, stood at 21.76 million shares, which puts the short ratio at the time at 4.64. From this we can glean that short interest is 3.08% of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 21.85 million. But the -19.71% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.