The Harmony Gold Mining Company Limited (NYSE:HMY) is going up by 0.49% in today’s trading session, a rise equivalent to 0.02% of the stock’s price from yesterday’s market close. The lowest point that the shares touched during the trading session was $3.08, while the peak of the day was recorded at a share price of $3.25. HMY finished the previous session at $3.09 according to the data provided by Barchart, while the trading volume was observed to be $2818423.
In the 100 days of trading, HMY managed to top a 2.95% Moving average. Additionally, Harmony Gold Mining Company Limited shares have achieved a 52-week range between 1.47 and 3.86 alongside 100 days raw stochastic set at 58.17%.
The number of shares outstanding, according to the fundamentals of the company, is set at 539.60M, equal to the value of $1.67B in market capitalization. In the last 30 days, Harmony Gold Mining Company Limited shares went down by -11.50%, adding 3.53 to growth in value, on top of a +7.39% boost since 10/08/19.
Harmony Gold Mining Company Limited (NYSE:HMY) Analyst’s Estimates
According to the average analyst rating, Harmony Gold Mining Company Limited would be rated as Overweight. Out of 7 different analysts monitoring HMY stock, 5 analysts rate the stock as a BUY, 1 suggest to give the rating of HOLD, 0 indicate that HMY is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On February 21, 2019, the stock earned a Upgrade rating due to a new analyst call from JP Morgan, while analysts from Macquarie believe that the stock is set at Underperform from Neutral, as concluded on August 28, 2018. BofA/Merrill, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on October 20, 2017.
Deutsche Bank, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on March 17, 2017, giving the stock a Sell from the Hold rating.
HMY Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +5.98% has been attained, while the operating margin has been recorded at +2.69%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -6.75%. Beta value of the stock is recorded at -1.51. Additionally, Harmony Gold Mining Company Limited is recording price volatility of 3.70% for the period of the last seven days and 4.16% in the last 30 days.
Harmony Gold Mining Company Limited (NYSE:HMY) Technical Outlook
For the period of the last 50 days, Harmony Gold Mining Company Limited had its Raw Stochastic average set at 32.84% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 34.62%. Stochastic %K for Harmony Gold Mining Company Limited, with the last 20 days included, was set at 40.53%, having Stochastic %D topping 49.11%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Harmony Gold Mining Company Limited stocks with recording 72.63% in metrics.
Harmony Gold Mining Company Limited Insider Watch:
Similarly, 28.25% of the company’s float is held by institutions – and there are 107 institutions in total holding shares of this company. The top three institutional holders of HMY stocks are: Van Eck Associates Corporation with ownership of $141.0 million, which is approximately 62415490 of the company’s shares; Exor Investments (UK) LLP, holding 12529668 shares of the stock with an approximate value of $35.0 million; and Dimensional Fund Advisors LP, currently with more than 8926883 shares of the company valued at $20.0 million. Positions in Harmony Gold Mining Company Limited stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.