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Perhaps this is the right time to buy: Gold Fields Limited (GFI)

Let’s start up with the current stock price of Gold Fields Limited (GFI), which is $9.81 to be very precise. The Stock rose vividly during the last session…

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This article was originally published by Invest Chronicle

Let’s start up with the current stock price of Gold Fields Limited (GFI), which is $9.81 to be very precise. The Stock rose vividly during the last session to $9.68 after opening rate of $9.18 while the lowest price it went was recorded $9.14 before closing at $9.54.Recently in News on May 31, 2022, REPEAT — Gold Fields to Acquire Yamana Gold – a Combination for Long-term Value Creation Focused on Quality Growth, Financial Discipline and Shareholder Returns. Transaction creates a top-4 global gold major with a diversified portfolio of high-quality, long-life assets with tangible near and long-term growth opportunities. You can read further details here

Gold Fields Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $17.20 on 03/08/22, with the lowest value was $9.02 for the same time period, recorded on 06/23/22.

Gold Fields Limited (GFI) full year performance was 4.95%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Gold Fields Limited shares are logging -42.94% during the 52-week period from high price, and 26.65% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $7.75 and $17.20.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 3825500 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Gold Fields Limited (GFI) recorded performance in the market was -13.19%, having the revenues showcasing -40.08% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 8.48B, as it employees total of 5957 workers.

The Analysts eye on Gold Fields Limited (GFI)

During the last month, 2 analysts gave the Gold Fields Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.88, with a change in the price was noted -0.81. In a similar fashion, Gold Fields Limited posted a movement of -7.63% for the period of last 100 days, recording 9,596,682 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GFI is recording 0.38 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.36.

Technical rundown of Gold Fields Limited (GFI)

Raw Stochastic average of Gold Fields Limited in the period of last 50 days is set at 10.06%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 24.80%. In the last 20 days, the company’s Stochastic %K was 14.72% and its Stochastic %D was recorded 12.38%.

Considering, the past performance of Gold Fields Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -13.19%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -9.92%, alongside a boost of 4.95% for the period of the last 12 months. The shares increased approximately by -2.55% in the 7-day charts and went up by -18.88% in the period of the last 30 days. Common stock shares were lifted by -40.08% during last recorded quarter.

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