The trading price of Gold Fields Limited (NYSE:GFI) closed higher on Tuesday, July 20, closing at $9.29, 0.54% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $9.235 and $9.53. The company’s P/E ratio in the trailing 12-month period was 11.55, while its 5Y monthly beta was 0.72. In examining the 52-week price action we see that the stock hit a 52-week high of $14.90 and a 52-week low of $8.11. Over the past month, the stock has gained 1.31% in value.
Gold Fields Limited, whose market valuation is $8.51 billion at the time of this writing. The dividend yield on the company stock is 3.34%, while its Forward Dividend ratio is 0.31. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Gold Fields Limited No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest GFI has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned GFI a recommendation rating is 12. Out of them, 6 rate it a Hold, while 6 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Gold Fields Limited (GFI) as Underweight, while 0 advise Sell. Analysts have rated the stock Overweight, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that GFI’s price is currently 1.79% off the SMA20 and -10.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.63, and weekly volatility stands at 2.75%. When measured over the past 30 days, the indicator reaches 3.02%. Gold Fields Limited (NYSE:GFI)’s beta value is currently sitting at 0.70, while the Average True Range indicator is currently displaying 0.33. With analysts defining $9.43-$14.50 as the low and high price targets, we arrive at a consensus price target of $12.05 for the trailing 12-month period. The current price is about -1.51% off the estimated low and -56.08% off the forecast high, based on this estimate. Investors will be thrilled if GFI’s share price rises to $12.10, which is the median consensus price. At that level, GFI’s share price would be -30.25% below current price.
To see how Gold Fields Limited stock has been performing in comparison to its peers in the industry, here are the numbers: GFI stock’s performance was 0.54% in the latest trading, and -21.34% in the past year, while Compania de Minas Buenaventura S.A.A. (BVN) has traded 2.69% on the day and positioned -16.02% lower than it was a year ago. Another comparable company Kellogg Company (K) saw its stock close -0.63% lower in the most recent trading session but was down -4.48% in a year. Furthermore, Agnico Eagle Mines Limited (AEM) showed an increase of 0.41% on the day while its price kept declining at -11.16% over the past year. Gold Fields Limited has a P/E ratio of 11.55. Also in last trading session, the S&P 500 Index has surged 1.52%, while the Dow Jones Industrial also saw a positive session, up 1.62% on the day.
An evaluation of the daily trading volume of Gold Fields Limited (NYSE:GFI) indicates that the 3-month average is 7.60 million.
Currently, records show that 883.47 million of the company’s shares remain outstanding. The institutions hold 37.50%. However, since the stock’s price has seen 0.22% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.