At What Point In Time Would I Choose To Purchase Sibanye Stillwater Limited ADR (NYSE: SBSW) Stock?

The trading price of Sibanye Stillwater Limited ADR (NYSE:SBSW) floating lower at last check on Monday, April 01, closing at $4.70, -0.11% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $9.88 and a 52-week low of $3.85. Over the past month, the stock has gained 14.20% in value.

Sibanye Stillwater Limited ADR, whose market valuation is $3.33 billion at the time of this writing. The dividend yield on the company stock is 2.36%, while its Forward Dividend ratio is 0.11. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0 per share this quarter, however they have predicted annual earnings per share of $0 for 2022 and $0.29 for 2023.

From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2022 is $8.45 billion. The company’s revenue is forecast to drop by -27.50% over what it did in 2022.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Sibanye Stillwater Limited ADR No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest SBSW has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.

A quick review shows that SBSW’s price is currently 5.43% off the SMA20 and 4.58% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.82, and weekly volatility stands at 4.22%. When measured over the past 30 days, the indicator reaches 4.77%. Sibanye Stillwater Limited ADR (NYSE:SBSW)’s beta value is currently sitting at 1.65, while the Average True Range indicator is currently displaying 0.23.

To see how Sibanye Stillwater Limited ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: SBSW stock’s performance was -0.11% at last check in today’s session, and -43.59% in the past year.

An evaluation of the daily trading volume of Sibanye Stillwater Limited ADR (NYSE:SBSW) indicates that the 3-month average is 5.41 million. However, this figure has increased over the past 10 days to an average of 7.3 million.

Currently, records show that 707.64 million of the company’s shares remain outstanding. The insiders hold 0.13% of outstanding shares, whereas institutions hold 14.63%. The stats also highlight that short interest as of Mar 15, 2024, stood at 19.65 million shares, resulting in a short ratio of 5.09 at that time. From this, we can conclude that short interest is 2.78% of the company’s total outstanding shares. It is noteworthy that short shares in March were down slightly from the previous month’s figure, which was 20.68 million. However, since the stock’s price has seen -13.35% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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