The stock of Harmony Gold Mining Co Ltd ADR (HMY) has gone down by -2.09% for the week, with a 0.90% rise in the past month and a 44.57% rise in the past quarter. The volatility ratio for the week is 3.75%, and the volatility levels for the past 30 days are 4.21% for HMY. The simple moving average for the past 20 days is 0.17% for HMY’s stock, with a 55.21% simple moving average for the past 200 days.
Is It Worth Investing in Harmony Gold Mining Co Ltd ADR (NYSE: HMY) Right Now?
Harmony Gold Mining Co Ltd ADR (NYSE: HMY) has a higher price-to-earnings ratio of 11.53x compared to its average ratio, The 36-month beta value for HMY is at 1.75. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for HMY is 632.49M, and currently, shorts hold a 2.11% of that float. The average trading volume for HMY on May 06, 2024 was 6.27M shares.
HMY) stock’s latest price update
Harmony Gold Mining Co Ltd ADR (NYSE: HMY)’s stock price has gone rise by 4.08 in comparison to its previous close of 8.57, however, the company has experienced a -2.09% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-05-04 that Investors often turn to the best gold stocks to buy as a traditional hedge against inflation. Gold has been a timeless symbol of wealth preservation, and has been on a tear this year.
HMY Trading at 11.85% 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 -8.98% of loss for the given period.
Volatility was left at 4.21%, however, over the last 30 days, the volatility rate increased by 3.75%, as shares surge +0.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +57.86% upper at present.
During the last 5 trading sessions, HMY fell by -1.92%, which changed the moving average for the period of 200-days by +98.12% in comparison to the 20-day moving average, which settled at $8.91. In addition, Harmony Gold Mining Co Ltd ADR saw 45.04% 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:
- 0.2 for the present operating margin
- 0.23 for the gross margin
The net margin for Harmony Gold Mining Co Ltd ADR stands at 0.13. The total capital return value is set at 0.3. Equity return is now at value 23.76, with 15.00 for asset returns.
Based on Harmony Gold Mining Co Ltd ADR (HMY), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 4.61. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 11.17.
Currently, EBITDA for the company is 7.98 billion with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.26. The receivables turnover for the company is 24.94for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
In conclusion, Harmony Gold Mining Co Ltd ADR (HMY) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
