Do Investors Have Much Faith In Sibanye Stillwater Limited ADR (NYSE: SBSW)

Sibanye Stillwater Limited ADR (NYSE:SBSW) does about 5.42M shares in volume on a normal day but saw 3515770 shares change hands in Monday trading. The company now has a market cap of 3.23B USD. Its current market price is $4.57, marking an increase of 0.44% compared to the previous close of $4.55. The 52 week high reached by this stock is $9.88 whilst the lowest price level in 52 weeks is $3.85.

Sibanye Stillwater Limited ADR (SBSW) has a 20-day trading average at $4.40 and the current price is -53.74% off the 52-week high compared with 18.70% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.51 and its 200-day simple moving average is $5.58. If we look at the stock’s price movements over the week, volatility stands at 5.22%, which decreases to 4.52% 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 52.58 to suggest the stock is neutral.

The consensus objective for the share price is $4.89, suggesting that the stock has a potential upside of 6.54% over the period.

RBC Capital Mkts downgraded its price target at $9-$6.50.

Sibanye Stillwater Limited ADR (SBSW) stock is up 9.59% over the week and 6.28% over the past month. Its price is -15.84% year-to-date and -44.94% over the past year.

The stock last released its quarterly earnings report for quarter ended 6/29/2022, with the company’s earnings per share (EPS) of $1.04 above consensus estimates by $0.72.

To reach the target analysts have set, the stock logically needs to grow 6.54 percent from here.

Outstanding shares total 707.59M with insiders holding 0.00% of the shares and institutional holders owning 14.81% of the company’s common stock. The company has a return on investment of -49.64% and return on equity of -51.27%. The forward price to earnings ratio is 6.86. The beta has a value of 1.65. Price to book ratio is 0.63 and price to sales ratio is 0.52.