Harmony Gold Mining Co Ltd ADR (NYSE:HMY) traded at $7.40 at close of the session on Tuesday, March 19, made a downward move of -1.86% on its previous day’s price.
Looking at the stock we see that its previous close was $7.54 and the beta (5Y monthly) reads 1.11 . The company has a trailing 12-month PE ratio of 9.57. In terms of its 52-week price range, HMY has a high of $8.07 and a low of $3.41. The company’s stock has gained about 32.85% over that past 30 days.
Harmony Gold Mining Co Ltd ADR has a market cap of $4.59 billion. With its Forward Dividend at 0.04 and a yield of 0.54%, the company’s investors could be anxious for the HMY stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the HMY stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 11.87% off its SMA20 and 19.85% from its 50-day simple moving average. The RSI (14) is pointing at 64.27 while the volatility over the past week is 3.22% and jumps to 4.15% over the past one month. The beta value is 1.66, while the average true range (ATR) is currently pointing at 0.30.
Coming back to Harmony Gold Mining Co Ltd ADR (NYSE:HMY), we note that the average 3-month trading volume was 5.37 million, while that of the preceding 10-day period stands at 10.11 million. Current shares outstanding are 619.94 million.
The insiders hold 0.02% of the company’s shares while institutions hold 28.75%. The data shows that short shares as of Feb 29, 2024, stood at 7.17 million at a short ratio of 1.61. This represents a 1.16% short interest in shares outstanding on Feb 29, 2024. Shares short rose in February from the previous month at 6.52 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 20.33% up in year-to-date price movement.
