Precious Metals
Can Harmony Gold Mining Company Limited Bounce Back? 52-Week Performance and Analyst Predictions
Harmony Gold Mining Company Limited (HMY) has a current stock price of $3.88. During the previous trading session, the stock witnessed a notable rise,…
Harmony Gold Mining Company Limited (HMY) has a current stock price of $3.88. During the previous trading session, the stock witnessed a notable rise, reaching a high of $3.875 after opening at $3.79. The stock’s low for the day was $3.76, and it eventually closed at $3.87.
Harmony Gold Mining Company Limited’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $5.43 on 05/04/23, with the lowest value being $1.93 on 09/23/22.
52-week price history of HMY Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Harmony Gold Mining Company Limited’s current trading price is -28.64% away from its 52-week high, while its distance from the 52-week low is 100.26%. The stock’s price range during this period has fluctuated between $1.93 and $5.43. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 1.47 million for the day, which was evidently lower than the average daily volume of 3.21 million over the last three months.
Financial Performance and Market Capitalization
Harmony Gold Mining Company Limited (HMY) has experienced a quarterly decline of -24.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.39B and boasts a workforce of 37609 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.44, with a change in price of -0.06. Similarly, Harmony Gold Mining Company Limited recorded 3,653,791 in trading volume during the last 100 days, posting a change of -1.51%.
HMY Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for HMY stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.22.
HMY Stock Stochastic Average
Harmony Gold Mining Company Limited’s raw stochastic average for the past 50 days is currently at 11.50%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 13.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.78% and 9.58%, respectively.
HMY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 13.97% this year. Over the last six months, there has been a weaker performance of 17.78%. The price of HMY leaped by -15.39% during the last 30 days period. For the last 5-days stocks have slided -1.40%.
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