A Tale of Resilience: Harmony Gold Mining Co Ltd ADR Amid Stock Market Turbulence

Currently, the stock price of Harmony Gold Mining Co Ltd ADR (HMY) is $5.77. In the most recent trading session, the stock underwent a significant upswing, peaking at $5.53 after opening at $5.43. The stock touched a low of $5.405 before closing at $5.49.

Harmony Gold Mining Co Ltd ADR’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $5.60 on 11/21/23, and the lowest price during that time was $2.92, recorded on 03/07/23.

52-week price history of HMY Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Harmony Gold Mining Co Ltd ADR’s current trading price is 3.03% away from its 52-week high, while its distance from the 52-week low is 97.25%. The stock’s price range during this period has fluctuated between $2.92 and $5.60. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 3.48 million for the day, which was evidently lower than the average daily volume of 4.27 million over the last three months.

Financial Performance and Market Capitalization

Harmony Gold Mining Co Ltd ADR (HMY) has experienced a quarterly rise of 42.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.58B and boasts a workforce of 34913 employees.

Analysts’ Ratings For Harmony Gold Mining Co Ltd ADR

As of right now, 1 analyst is rating Harmony Gold Mining Co Ltd ADR as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 3 analysts are rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.33, with a change in price of +1.58. Similarly, Harmony Gold Mining Co Ltd ADR recorded 3,778,020 in trading volume during the last 100 days, posting a change of +37.62%.

HMY Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for HMY stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.17.

HMY Stock Stochastic Average

The raw stochastic average for Harmony Gold Mining Co Ltd ADR over the last 50 days is presently at 99.12%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 98.54%. Further, the company’s Stochastic %K and %D values for the last 20 days were 91.89% and 89.36%, respectively.

HMY Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 69.70%. However, over the past six months, we’ve seen a weaker performance of 20.45%. The price of HMY fallen by 19.46% over the last 30 days. And in the last five days, it has surged by 6.65%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts