Harmony Gold Mining Co Ltd ADR (NYSE:HMY) shares, rose in value on Thursday, April 04, with the stock price up by 2.50% to the previous day’s close as strong demand from buyers drove the stock to $8.81.
Actively observing the price movement in the recent trading, the stock is buoying the session at $8.59. The value of beta (5-year monthly) is 1.11 whereas the PE ratio is 11.39 over 12-month period. Referring to stock’s 52-week performance, its high was $8.69, and the low was $3.41. On the whole, HMY has fluctuated by 27.98% over the past month.
The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.45%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that HMY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HMY currently trading nearly 13.15% and 31.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 77.10, while the 7-day volatility ratio is showing 3.51% which for the 30-day chart, stands at 4.07%. Furthermore, Harmony Gold Mining Co Ltd ADR (HMY)’s beta value is 1.73, and its average true range (ATR) is 0.33.
A comparison of Harmony Gold Mining Co Ltd ADR (HMY) with its peers suggests the former has fared considerably weaker in the market. HMY showed an intraday change of 2.50% in today’s session so far, and over the past year, it grew by 111.15%%.
Data on historical trading for Harmony Gold Mining Co Ltd ADR (NYSE:HMY) indicates that the trading volumes over the past 10 days have averaged 5.49 million and over the past 3 months, they’ve averaged 5.72 million. According to company’s latest data on outstanding shares, there are 619.94 million shares outstanding.
Nearly 0.02% of Harmony Gold Mining Co Ltd ADR’s shares belong to company insiders and institutional investors own 28.83% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.26 million shares as on Mar 15, 2024, resulting in a short ratio of 1.01. According to the data, the short interest in Harmony Gold Mining Co Ltd ADR (HMY) stood at 1.17% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 6.31 million. The stock has risen by 43.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HMY stock heading into the next quarter.
