Gold Fields Limited (NYSE:GFI) in recent session today was buoying at a fall of -1.61% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $13.01 and 5Y monthly beta was reading 0.7 with its price kept floating in the range of $12.61 and $12.83 on the day. Company’s P/E ratio for the trailing 12 months is 45.17. Considering stock’s 52-week price range provides that GFI hit a high price of $14.9 and saw its price falling to a low level of $3.79 during that period. Over a period of past 1-month, stock came losing -10.15% in its value.
In contrast, when we review GFI stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
In comparing Gold Fields Limited (GFI)’s stock with other industry players reveals that stock’s latest price change of -1.61% and that of +141.82% over the past 12 months is in competing position with that of Barrick Gold Corp (GOLD) which saw its stock price fell by -1.1% in the recent trading and went through an increase of 69.93% in past 12-month trading. Industry’s another major player Franco Nev Corp (FNV) has fell -0.55% down in latest trading session, but over the past year has faced a rise of 55.08%, while Agnico-Eagle Mines Ltd (AEM) is also down -1.61% however its price remained floating in the green at 141.82% over the same period. Gold Fields Limited has a P/E ratio of 45.17 against that of Barrick Gold Corp’s 11.31 while Franco Nev Corp is showing 126.98 for the same. On the other hand, the S&P 500 Index was down -0.54% in the early deals while the Dow Jones Industrial was dealing lower at -0.29%.
Having a second look at Gold Fields Limited (NYSE:GFI) provides that stock’s average daily trading volume for 3 months was 7.8 Million, while it dropped to 4.81 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 883.33 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 0% while it is 52.37% for the institutional holders. The figures also indicate that as of September 29, 2020, number of stock’s short shares was 8800000 which implies a short ratio of 1.17. This shows up a 1% of Short Interest in company’s outstanding shares on the day. In September the standing of shares short declined as it was 9.93 Million in the previous month. Addition of +97.12% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.