Predicting Future Price Moves In Gold Fields Ltd ADR (GFI)

Gold Fields Ltd ADR (NYSE:GFI) does about 4.45M shares in volume on a normal day but saw 5585859 shares change hands in Monday trading. The company now has a market cap of 15.57B USD. Its current market price is $17.40, marking no change compared to the previous close of $17.40. The 52 week high reached by this stock is $17.78 whilst the lowest price level in 52 weeks is $10.31.

Gold Fields Ltd ADR (GFI) has a 20-day trading average at $15.61 and the current price is -2.15% off the 52-week high compared with 68.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $14.58 and its 200-day simple moving average is $13.74. If we look at the stock’s price movements over the week, volatility stands at 3.42%, which decreases to 3.37% 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 74.14 to suggest the stock is overbought.

The consensus objective for the share price is $13.74, suggesting that the stock has a potential downside of -26.64% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 02, 2024 when BMO Capital Markets downgraded the stock to “Underperform” and issued a price target of between $14 and $12. JP Morgan upgraded its price target at $14.

Gold Fields Ltd ADR (GFI) stock is up 9.09% over the week and 12.77% over the past month. Its price is 20.33% year-to-date and 19.18% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -26.64 percent from here.

Outstanding shares total 895.02M with insiders holding 0.00% of the shares and institutional holders owning 22.66% of the company’s common stock. The company has a return on investment of 12.87% and return on equity of 16.71%. The price to earnings ratio (P/E ratio) amounts to 22.40 while the forward price to earnings ratio is 10.91. The beta has a value of 1.15. Price to book ratio is 3.47 and price to sales ratio is 3.44.