Sibanye Stillwater Limited ADR (NYSE:SBSW) price on Thursday, May 09, rose 6.12% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.95.
A look at the stock’s price movement, the level at last check in today’s session was $4.66. Turning to its 52-week performance, $9.02 and $3.85 were the 52-week high and 52-week low respectively. Overall, SBSW moved -8.09% over the past month.
Sibanye Stillwater Limited ADR’s market cap currently stands at around $3.50 billion. The company has a Forward Dividend ratio of 0.11, with its dividend yield at 2.25%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 8.45B, representing a -27.50% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SBSW is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SBSW’s current price about -0.99% and 3.60% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.54, while 7-day volatility ratio is 2.84% and 3.93% in the 30-day chart. Further, Sibanye Stillwater Limited ADR (SBSW) has a beta value of 1.72, and an average true range (ATR) of 0.24.
If we refocus on Sibanye Stillwater Limited ADR (NYSE:SBSW), historical trading data shows that trading volumes averaged 6.58 million over the past 3 months. The company’s latest data on shares outstanding shows there are 707.64 million shares.
The 0.13% of Sibanye Stillwater Limited ADR’s shares are in the hands of company insiders while institutional holders own 14.87% of the company’s shares. Current price change has pushed the stock -8.93% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SBSW stock continues to rise going into the next quarter.
