Sibanye Stillwater Limited ADR (NYSE:SBSW) shares, rose in value on Thursday, April 04, with the stock price up by 4.47% to the previous day’s close as strong demand from buyers drove the stock to $5.26.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.03. The value of beta (5-year monthly) is 1.41. Referring to stock’s 52-week performance, its high was $9.88, and the low was $3.85. On the whole, SBSW has fluctuated by 33.72% over the past month.
The company’s Forward Dividend Ratio is 0.11, with its dividend yield at 2.12%.
Wall Street analysts also predicted that in 2023, the company’s y-o-y revenues would reach $8.45 billion, representing a decrease of -27.50% from the revenues reported in the last year’s results.
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 SBSW’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of SBSW currently trading nearly 15.12% and 16.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.80, while the 7-day volatility ratio is showing 4.52% which for the 30-day chart, stands at 4.79%. Furthermore, Sibanye Stillwater Limited ADR (SBSW)’s beta value is 1.67, and its average true range (ATR) is 0.24.
A comparison of Sibanye Stillwater Limited ADR (SBSW) with its peers suggests the former has fared considerably weaker in the market. SBSW showed an intraday change of 4.47% in today’s session so far, and over the past year, it shrunk by -36.46%%.
Data on historical trading for Sibanye Stillwater Limited ADR (NYSE:SBSW) indicates that the trading volumes over the past 10 days have averaged 5.89 million and over the past 3 months, they’ve averaged 5.53 million. According to company’s latest data on outstanding shares, there are 707.64 million shares outstanding.
Nearly 0.13% of Sibanye Stillwater Limited ADR’s shares belong to company insiders and institutional investors own 14.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.65 million shares as on Mar 15, 2024, resulting in a short ratio of 5.09. According to the data, the short interest in Sibanye Stillwater Limited ADR (SBSW) stood at 2.78% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 20.68 million. The stock has fallen by -3.22% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SBSW stock heading into the next quarter.
