Harmony Gold Mining Co Ltd ADR (NYSE: HMY) Stock Increased 23.11% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Harmony Gold Mining Co Ltd ADR (NYSE:HMY) does about 4.21M shares in volume on a normal day but saw 5223957 shares change hands in the recent trading day. The company now has a market cap of 7.64B USD. Its current market price is $12.04, marking an increase of 2.21% compared to the previous close of $11.78. The 52 week high reached by this stock is $11.84 whilst the lowest price level in 52 weeks is $4.42.

Harmony Gold Mining Co Ltd ADR (HMY) has a 20-day trading average at $10.41 and the current price is 1.69% off the 52-week high compared with 172.40% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.12 and its 200-day simple moving average is $8.57. If we look at the stock’s price movements over the week, volatility stands at 3.83%, which decreases to 3.36% 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 70.07 to suggest the stock is overbought.

The consensus objective for the share price is $11.24, suggesting that the stock has a potential downside of -7.12% over the period.

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

The current price level is 15.69%, 19.00%, and 40.42% away from its SMA20, SMA50, and SMA200 respectively, with the HMY price moving below the 50-day SMA on current market day. Harmony Gold Mining Co Ltd ADR (HMY) stock is up 23.11% over the week and 17.01% over the past month. Its price is 95.77% year-to-date and 148.25% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 1.28 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $3.89B.

To reach the target analysts have set, the stock logically needs to shrink -7.12 percent from here.

Outstanding shares total 634.72M with insiders holding 0.00% of the shares and institutional holders owning 30.18% of the company’s common stock. The company has a return on investment of 19.69% and return on equity of 22.54%. The price to earnings ratio (P/E ratio) amounts to 16.52 while the forward price to earnings ratio is 8.35. The beta has a value of 1.79. Price to book ratio is 3.41 and price to sales ratio is 2.32.