Harmony Gold Mining Co Ltd ADR (NYSE:HMY) shares, rose in value on Friday, November 22, with the stock price up by 1.25% to the previous day’s close as strong demand from buyers drove the stock to $9.69.
Actively observing the price movement in the recent trading, the stock is buoying the session at $9.57, falling within a range of $9.675 and $9.95. The value of beta (5-year monthly) is 1.245 whereas the PE ratio is 13.29 over 12-month period. Referring to stock’s 52-week performance, its high was $12.29, and the low was $5.40. On the whole, HMY has fluctuated by -16.47% over the past month.
With the market capitalization of Harmony Gold Mining Co Ltd ADR currently standing at about $6.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.13, with its dividend yield at 1.35%.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.81, with the price of HMY currently trading nearly -3.24% and -6.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.09, while the 7-day volatility ratio is showing 3.86% which for the 30-day chart, stands at 3.69%. Furthermore, Harmony Gold Mining Co Ltd ADR (HMY)’s beta value is 1.76, and its average true range (ATR) is 0.47.
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 1.25% in today’s session so far, and over the past year, it grew by 69.11%%.
Data on historical trading for Harmony Gold Mining Co Ltd ADR (NYSE:HMY) indicates that the trading volumes over the past 10 days have averaged 7.06 and over the past 3 months, they’ve averaged 4.50 million. According to company’s latest data on outstanding shares, there are 634.72 million shares outstanding.
Nearly 0.02% of Harmony Gold Mining Co Ltd ADR’s shares belong to company insiders and institutional investors own 24.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.83 million shares as on 2024-10-31, resulting in a short ratio of 1.87. According to the data, the short interest in Harmony Gold Mining Co Ltd ADR (HMY) stood at 146.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 9.49 million. The stock has risen by 57.56% 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.
