Sibanye Stillwater Limited ADR (NYSE:SBSW) price on Thursday, February 06, fall -0.74% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.00.
A look at the stock’s price movement, the close in the last trading session was $4.03, moving within a range at $3.91 and $4.06. The beta value (5-Year monthly) was 1.417. Turning to its 52-week performance, $5.93 and $3.08 were the 52-week high and 52-week low respectively. Overall, SBSW moved 19.40% over the past month.
Sibanye Stillwater Limited ADR’s market cap currently stands at around $2.83 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 113.81B, representing a 0.11% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SBSW is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend SBSW as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SBSW’s current price about 8.84% and 6.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.53, while 7-day volatility ratio is 4.03% and 4.21% in the 30-day chart. Further, Sibanye Stillwater Limited ADR (SBSW) has a beta value of 1.60, and an average true range (ATR) of 0.18. Analysts have given the company’s stock an average 52-week price target of $4.5, forecast between a low of $4.5 and high of $4.5. Looking at the price targets, the low is -12.5% off current price level while to achieve the yearly target high, price needs to move -12.5%. Nonetheless, investors will most likely welcome a -12.5% jump to $4.5 which is the analysts’ median price.
If we refocus on Sibanye Stillwater Limited ADR (NYSE:SBSW), historical trading data shows that trading volumes averaged 7.56 over the past 10 days and 5.96 million over the past 3 months. The company’s latest data on shares outstanding shows there are 707.64 million shares.
The 0.20% of Sibanye Stillwater Limited ADR’s shares are in the hands of company insiders while institutional holders own 16.64% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 15.02 million on 2024-06-14, giving us a short ratio of 2.07. Current price change has pushed the stock 21.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SBSW stock continues to rise going into the next quarter.
