GFI Stock Update: Gold Fields Limited’s Banking’s Market Struggles and Potential Opportunities

Currently, the stock price of Gold Fields Limited (GFI) is $14.98. In the most recent trading session, the stock underwent a significant upswing, peaking at $15.19 after opening at $15.03. The stock touched a low of $14.80 before closing at $15.12.

Gold Fields Limited’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $17.78 on 05/04/23, and the lowest price during that time was $7.03, recorded on 09/26/22.

52-week price history of GFI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Gold Fields Limited’s current trading price is -15.76% away from its 52-week high, while its distance from the 52-week low is 113.09%. The stock’s price range during this period has fluctuated between $7.03 and $17.78. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 37.9 million for the day, which was evidently higher than the average daily volume of 5.74 million over the last three months.

Financial Performance and Market Capitalization

Gold Fields Limited (GFI) has experienced a quarterly rise of 29.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.43B and boasts a workforce of 6364 employees.

Analysts’ Ratings For Gold Fields Limited

As of right now, 2 analysts are rating Gold Fields Limited as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 13.26, with a change in price of +2.80. Similarly, Gold Fields Limited recorded 5,990,328 in trading volume during the last 100 days, posting a change of +22.99%.

GFI 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 GFI stands at 0.35. Similarly, the long-term debt-to-equity ratio is also 0.33.

GFI Stock Stochastic Average

The raw stochastic average for Gold Fields Limited over the last 50 days is presently at 17.88%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 26.34%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.36% and 31.78%, respectively.

GFI Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 44.73%. However, over the past six months, we’ve seen a weaker performance of 39.22%. The price of GFI leaped by -3.17% over the last 30 days. And in the last five days, it has fallen by -3.29%.

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