Stock on Demand This Week: Gold Fields Limited (GFI)

Gold Fields Limited (NYSE:GFI) saw an upside of 2.69% to close Monday at $9.54 after adding $0.25 on the day. The 5-day average trading volume is 6,043,380 shares of the company’s common stock. It has gained $9.74 in the past week and touched a new high 2 times within the past 5 days. An average of 6,533,950 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 10,418,240.

GFI’s 1-month performance is 3.81% or $0.35 on its low of $8.50 reached on 07/25/22. The company’s shares have touched a 52-week low of $7.75 and high of $17.20, with the stock’s rally to the 52-week high happening on 03/08/22. YTD, GFI has lost -13.19% or -$1.45 and has reached a new high 17 times. However, the current price is down -44.53% from the 52-week high price.

Valuation Metrics

GFI stock has a beta of 0.71. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.03 while the price-to-book (PB) in the most recent quarter is 2.13, with the price to cash flow ratio at 60.26.

Gold Fields Limited’s quick ratio for the recent period was 1.70, with the current ratio over the same period at 1.70. In terms of profitability, the gross margin trailing 12 months is 43.40%. The firm’s gross profit as reported stood at $1.82 billion against revenue of $4.2 billion.

Earnings Surprise

Net income grew 8.4% to $789.3 million, while revenue of $0.0 was 100.0% off the previous quarter. GFI stock balance sheet for the recent quarter shows that total liabilities totaled 3.22 billion, with total debt at $1.49 billion.

Let’s look briefly at Gold Fields Limited (GFI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 62.88% to suggest the stock is trending Neutral, with historical volatility in this time period at 30.02%.

The stock’s 5-day moving average is $9.22, reflecting a +2.80% or $0.26 change from its current price. GFI is currently trading +4.15% above its 20-day SMA, -40.19% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -17.83% and SMA200 by+0.95%.

Stochastic %K and %D was 73.18% and 61.03% and the average true range (ATR) pointed at 0.41. The RSI (14) points at 55.70%, while the 14-day stochastic is at 83.53% with the period’s ATR at 0.43. The stock’s 9-day MACD Oscillator is pointing at 0.15 and 0.30 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Gold Fields Limited (NYSE: GFI), JP Morgan downgraded it to a Neutral rating. They previously had an Overweight rating on the stock. Analysts offering their rating for GFI stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate GFI as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.

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