Harmony Gold Mining Company Limited (NYSE:HMY) does about 8.74M shares in volume on a normal day but saw 9179259 shares change hands in Monday trading. The company now has a market cap of 3.71B USD. Its current market price is $5.92, marking an increase of 2.78% compared to the previous close of $5.76. The 52 week high reached by this stock is $7.61 whilst the lowest price level in 52 weeks is $1.76. The script in recent trading has seen the stock touch a high of $6.17 and a low of $5.8909.

Harmony Gold Mining Company Limited (HMY) has a 20-day trading average at $6.27 and the current price is -22.21% off the 52-week high compared with 236.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.45 and its 200-day simple moving average is $3.81. If we look at the stock’s price movements over the week, volatility stands at 5.25%, which increases to 5.74% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.84 to suggest the stock is neutral.

7 analysts observing the Harmony Gold Mining Company Limited (HMY) stock have set the 12-month price targets for the company’s shares at between $3.54 and $11.70. The consensus objective for the share price is $5.81, suggesting that the stock has a potential downside of -1.89% over the period. The median price target is -2.25% away from the current levels at $5.79.

FactSet Research has provided data showing that 7 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 3 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Moderate Sell the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 21, 2019 when JP Morgan upgraded the stock to “Overweight” and issued a price target of. Macquarie downgraded the stock to “Underperform” from Neutral on August 28, 2018 at a price target of.

The current price level is -6.52%, 9.81%, and 55.99% away from its SMA20, SMA50, and SMA200 respectively, with the HMY price moving below the 50-day SMA on August 24. Harmony Gold Mining Company Limited (HMY) stock is down -5.28% over the week and -15.79% over the past month. Its price is 63.09% year-to-date and 65.36% over the past year.

Its 12-month price target is $5.79. To reach the target analysts have set, the stock logically needs to shrink -1.89 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $3.54, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $11.70.

Outstanding shares total 535.00M with insiders holding 0.00% of the shares and institutional holders owning 36.03% of the company’s common stock. The company has a return on investment of -8.20% and return on equity of -5.50%. The forward price to earnings ratio is 4.45. The beta has a value of 0.57. Price to book ratio is 2.29 and price to sales ratio is 2.24.

According to a U.S. Securities and Exchange Commission filing, VanEck Vectors – Gold Miners ETF has added its position in Harmony Gold Mining Company Limited (HMY) to 29,276,663 shares, mirroring a recent increase by 0.30%. VanEck Vectors – Gold Miners ETF added 88946.0 shares of Harmony Gold Mining Company Limited common stock bringing its total worth to about $188.83 million at the end of recent close, SEC documents show. VanEck Vectors – Gold Miners ETF isn’t the only investment manager who changed stakes and is followed by VanEck Vectors – Junior Gold Mine, which added 0.31 million shares to end up with 23,395,443 shares worth $150.9 million. Bakersteel Global Funds SICAV – P cut their holdings by -12.89% in the company over the course of the most recent quarter. It now holds a 1.25% position in Harmony Gold Mining Company Limited thanks to 7.52 million shares amounting to $48.5 million.