Look Past The Setbacks And Give Gold Fields Ltd ADR (NYSE: GFI) Another Chance

Gold Fields Ltd ADR (NYSE:GFI) currently has a daily average trading volume of 4.45M but it saw 2861563 shares traded in last market. With a market cap of 15.57B USD, the company’s current market price of $17.40 came rising about 2.59 while comparing to the previous closing price of $16.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.97 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 $17.20, while its current price level is -8.25% below from 52-week high level whereas it is 68.77% 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 $15.44 while that of 200 days or SMA-200 reads an average of $13.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.01% during that period while stretching the period over a month that increases to 3.32%. 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 57.81 which implies that the stock is in neutral territory.

BMO Capital Markets downgraded its recommendation for the stock as a “Underperform” from “Market Perform” on February 02, 2024 while assigning a price target range of $14-$12.

Over the week, GFI’s stock price is moving -2.08% down while it is 12.84% when we observe its performance for the past one month. Year-to-date it is 20.33% up and over the past year, the stock is showing an upside performance of 13.21%.

Currently, Gold Fields Ltd ADR’s total number of outstanding shares is 895.02M. 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 22.40 while having a 10.54 of forward P/E ratio. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 3.47 while price to sale or P/S ratio amounts to 3.44. Its return on asset (ROA) is 9.32% on average.