Looking For A Top Momentum Stock? Check Out Harmony Gold Mining Co Ltd ADR (NYSE: HMY)

Harmony Gold Mining Co Ltd ADR (NYSE:HMY) shares, rose in value on Friday, May 17, with the stock price up by 4.97% to the previous day’s close as strong demand from buyers drove the stock to $9.81.

Actively observing the price movement in the last trading, the stock closed the session at $9.35. The PE ratio was 12.69 over 12-month period. Referring to stock’s 52-week performance, its high was $9.80, and the low was $3.41. On the whole, HMY has fluctuated by 7.62% over the past month.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 1.20%.

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 100% 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, with the price of HMY currently trading nearly 9.69% and 15.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.91, while the 7-day volatility ratio is showing 2.75% which for the 30-day chart, stands at 3.37%. Furthermore, Harmony Gold Mining Co Ltd ADR (HMY)’s beta value is 1.75, and its average true range (ATR) is 0.35.

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 4.97% in last session, and over the past year, it grew by 101.54%%.

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 6.31 million. According to company’s latest data on outstanding shares, there are 632.59 million shares outstanding.

Nearly 0.02% of Harmony Gold Mining Co Ltd ADR’s shares belong to company insiders and institutional investors own 29.64% of the company’s shares. The stock has risen by 59.59% 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.

Most Popular