The Week Ahead: Are Investors Really Too Optimistic About Gold Fields Ltd ADR (NYSE: GFI)

Gold Fields Ltd ADR (NYSE:GFI) currently has a daily average trading volume of 4.60M but it saw 4226193 shares traded in last market. With a market cap of 13.60B USD, the company’s current market price of $15.20 came rising about 0.40 while comparing to the previous closing price of $15.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.78 and as low as $10.31.

Taking a look at 20-day trading activity of Gold Fields Ltd ADR (GFI) gives us an average price of $14.34, while its current price level is -14.52% below from 52-week high level whereas it is 47.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.86 while that of 200 days or SMA-200 reads an average of $13.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.78% during that period while stretching the period over a month that decreases to 3.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.96 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BMO Capital Markets which downgraded the stock as “Underperform” in its note to investors issued on February 02, 2024, recommending a price target of between $14 and $12 for it. JP Morgan issued its recommendations for the stock as it upgraded the price target for the stock is $14.

Over the week, GFI’s stock price is moving 2.77% up while it is 12.43% when we observe its performance for the past one month. Year-to-date it is 5.12% up and over the past year, the stock is showing an upside performance of 31.72%.

Currently, Gold Fields Ltd ADR’s total number of outstanding shares is 895.02M with 0.00% of that held by the insiders while 22.92% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 12.87% and return on equity (ROE) at 16.71%. It has a price to earnings ratio (P/E ratio) of 19.57 while having a 10.28 of forward P/E ratio. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 3.03 while price to sale or P/S ratio amounts to 3.00. Its return on asset (ROA) is 9.32% on average.