Harmony Gold Mining Co Ltd ADR (NYSE:HMY) shares, rose in value, with the stock price up by 0.49% to the previous day’s close as strong demand from buyers drove the stock to $15.30.
Actively observing the price movement in the recent trading, the stock is buoying the session at $15.22. The PE ratio was 16.63 over 12-month period. Referring to stock’s 52-week performance, its high was $18.77, and the low was $7.97. On the whole, HMY has fluctuated by 4.12% over the past month.
With the market capitalization of Harmony Gold Mining Co Ltd ADR currently standing at about $9.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.17, with its dividend yield at 1.13%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HMY’s technical picture suggests that short-term indicators denote the stock is a 50% 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 0.54, with the price of HMY currently trading nearly -5.91% and 8.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.59, while the 7-day volatility ratio is showing 3.06% which for the 30-day chart, stands at 4.15%. Furthermore, Harmony Gold Mining Co Ltd ADR (HMY)’s beta value is 1.05, and its average true range (ATR) is 0.82.
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 0.49% in today’s session so far, and over the past year, it grew by 73.81%%.
Data on historical trading for Harmony Gold Mining Co Ltd ADR (NYSE:HMY) indicates that the trading volumes over the past 3 months, they’ve averaged 6.94 million. According to company’s latest data on outstanding shares, there are 622.18 million shares outstanding.
Nearly 0.07% of Harmony Gold Mining Co Ltd ADR’s shares belong to company insiders and institutional investors own 24.04% of the company’s shares. The stock has risen by 86.30% 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.