Harmony Gold Mining Company Limited (NYSE:HMY) jumped 2.4 percent and ended the day at $2.56. The Average Volume of the company is 5.99 Million and P/E (price to earnings) ratio is 5.16, while Forward P/E ratio is 5.12.
HSBC Securities Downgrade its coverage for Harmony Gold Mining Company Limited (NYSE:HMY) in a note sent to investors on 11-Nov-16. The research firm Downgrade the stock to Hold. Moreover, Citigroup issued Downgrade rating for the stock on 11-Nov-16. JP Morgan also Upgrade the company to Overweight on 12-Jul-16, 2016. Additionally, Macquarie Upgrade its ratings on the stock to Neutral.
The highest price HMY stock touched in the last 12 month was $4.87 and the lowest price it hit in the same period was $1.86. The stock has a Return on Assets of 7.8 percent, Return on Investment of 3.2 percent and a Return on Equity of 10.4 percent. The company’s market cap is $1.12 Billion.
Price Target is an important factor while doing analysis of a stock. According to 3 analysts, Price Target for Harmony Gold Mining Company Limited (NYSE:HMY) may hit a high of $4.84. The average and low price target for the stock are $3.39 and $2.53, respectively.
Now we look at the Moving Averages, the 200-day is -20.12, the 50-day is 3.86 and the 20-day is -5.36. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $0.52 per share for the current quarter. Revenue is expected in between 1.52 Billion and 1.47 Billion with an average of 1.49 Billion.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 0.6. Out of 3 brokerage recommendations, 0 gave a Strong Buy, 1 issued a Buy, 2 issued Hold, 0 rated Under-perform and 0 issued a Sell.
Harmony Gold Mining Company Limited (NYSE:HMY) performance during the last one year Degraded -16.54 percent, while its year to date (YTD) performance showed a Positive trend of 15.84 percent. The stock Fell -32.63 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 4.07 percent, whereas its last one month trend is Optimistic with 2.81 percent. Its weekly performance showed downward trend of -2.66 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 15 percent, operating profit margin was 20.4 percent, whereas gross profit margin stands at 13.7 percent. Beta factor was calculated at -1.72.
Harmony Gold Mining Company Limited (NYSE:HMY) has 437.3 Million shares outstanding and 435.41 Million shares were floated in market. The short ratio in the company’s stock is documented at 0.63 and the short float is around of 0.87%. The stock’s average true range of stands at 0.15, while the relative strength index is 47.38.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 1.6, current ratio was 2.4, LT Debt/Equity ratio was 0.05 and Total Debt/Equity ratio was 0.05.