The stock of Harmony Gold Mining Company Limited (HMY) has seen a 13.45% increase in the past week, with a 10.65% gain in the past month, and a 2.14% flourish in the past quarter. The volatility ratio for the week is 5.68%, and the volatility levels for the past 30 days are at 3.68% for HMY. The simple moving average for the last 20 days is 12.93% for HMY stock, with a simple moving average of 13.09% for the last 200 days.
Is It Worth Investing in Harmony Gold Mining Company Limited (NYSE: HMY) Right Now?
The price-to-earnings ratio for Harmony Gold Mining Company Limited (NYSE: HMY) is above average at 21.54x. The 36-month beta value for HMY is also noteworthy at 1.35. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 2 rating it as “sell.”
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
The average price estimated by analysts for HMY is $3.36, which is -$1.29 below than the current price. The public float for HMY is 434.47M, and at present, short sellers hold a 1.96% of that float. The average trading volume of HMY on March 17, 2023 was 3.67M shares.
HMY) stock’s latest price update
Harmony Gold Mining Company Limited (NYSE: HMY)’s stock price has increased by 3.02 compared to its previous closing price of 3.48. but the company has seen a 13.45% gain in its stock price over the last five trading sessions.
The stock of Harmony Gold Mining Company Limited (HMY) has seen a 13.45% increase in the past week, with a 10.65% gain in the past month, and a 2.14% flourish in the past quarter. The volatility ratio for the week is 5.68%, and the volatility levels for the past 30 days are at 3.68% for HMY. The simple moving average for the last 20 days is 12.93% for HMY stock, with a simple moving average of 13.09% for the last 200 days.
HMY Trading at 3.39% from the 50-Day Moving Average
After a stumble in the market that brought HMY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.61% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 5.68%, as shares surge +10.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.29% lower at present.
During the last 5 trading sessions, HMY rose by +13.29%, which changed the moving average for the period of 200-days by +6.23% in comparison to the 20-day moving average, which settled at $3.19. In addition, Harmony Gold Mining Company Limited saw 5.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HMY
Current profitability levels for the company are sitting at:
- +19.23 for the present operating margin
- +11.05 for the gross margin
The net margin for Harmony Gold Mining Company Limited stands at -2.50. The total capital return value is set at 23.79, while invested capital returns managed to touch -3.12.
Based on Harmony Gold Mining Company Limited (HMY), the company’s capital structure generated 10.67 points at debt to equity in total, while total debt to capital is 9.64. Total debt to assets is 6.85, with long-term debt to equity ratio resting at 10.59. Finally, the long-term debt to capital ratio is 9.57.
When we switch over and look at the enterprise to sales, we see a ratio of 0.96, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 26.32 and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In summary, Harmony Gold Mining Company Limited (HMY) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
