Gold Fields Ltd ADR (NYSE: GFI) has seen a rise in its stock price by 1.48 in relation to its previous close of 15.89. However, the company has experienced a 6.65% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-26 that Few assets in the world of investing have maintained the appeal and stability of gold. Due to the potential for significant returns and stability in the face of looming economic uncertainty, gold stocks are becoming increasingly popular among investors.
Is It Worth Investing in Gold Fields Ltd ADR (NYSE: GFI) Right Now?
The price-to-earnings ratio for Gold Fields Ltd ADR (NYSE: GFI) is above average at 20.76x, Company’s 36-month beta value is 1.15.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for GFI is 895.01M, and currently, short sellers hold a 1.32% ratio of that floaft. The average trading volume of GFI on April 01, 2024 was 4.44M shares.
GFI’s Market Performance
GFI’s stock has seen a 6.65% increase for the week, with a 23.66% rise in the past month and a 11.90% gain in the past quarter. The volatility ratio for the week is 2.45%, and the volatility levels for the past 30 days are at 3.37% for Gold Fields Ltd ADR The simple moving average for the past 20 days is 7.28% for GFI’s stock, with a 17.84% simple moving average for the past 200 days.
Analysts’ Opinion of GFI
Many brokerage firms have already submitted their reports for GFI stocks, with BMO Capital Markets repeating the rating for GFI by listing it as a “Underperform.” The predicted price for GFI in the upcoming period, according to BMO Capital Markets is $12 based on the research report published on February 02, 2024 of the current year 2024.
JP Morgan gave a rating of “Neutral” to GFI, setting the target price at $14 in the report published on October 12th of the previous year.
GFI Trading at 14.06% from the 50-Day Moving Average
After a stumble in the market that brought GFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.32% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares surge +15.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.37% upper at present.
During the last 5 trading sessions, GFI rose by +5.95%, which changed the moving average for the period of 200-days by +7.30% in comparison to the 20-day moving average, which settled at $15.14. In addition, Gold Fields Ltd ADR saw 11.51% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GFI
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.39 for the gross margin
The net margin for Gold Fields Ltd ADR stands at 0.15. The total capital return value is set at 0.36. Equity return is now at value 16.71, with 9.32 for asset returns.
Based on Gold Fields Ltd ADR (GFI), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 2.21. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 15.5.
Currently, EBITDA for the company is 2.21 billion with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
In a nutshell, Gold Fields Ltd ADR (GFI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
