How did Harmony Gold Mining Co Ltd ADR (HMY) surprise investors with its report?

At the time of writing, Harmony Gold Mining Co Ltd ADR [HMY] stock is trading at $7.78, up 0.13%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HMY shares have gain 5.14% over the last week, with a monthly amount glided 39.43%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Harmony Gold Mining Co Ltd ADR [NYSE: HMY] stock has seen the most recent analyst activity on December 12, 2023, when JP Morgan downgraded its rating to a Underweight. Previously, HSBC Securities upgraded its rating to Hold on November 14, 2023. On October 18, 2023, downgrade downgraded it’s rating to Underweight. UBS downgraded its rating to a Neutral. Morgan Stanley downgraded its rating to a Underweight. JP Morgan upgraded its rating to Overweight for this stock on February 21, 2019. In a note dated August 28, 2018, Macquarie downgraded an Underperform rating on this stock.

For the past year, the stock price of Harmony Gold Mining Co Ltd ADR fluctuated between $3.41 and $8.18. Harmony Gold Mining Co Ltd ADR [NYSE: HMY] shares were valued at $7.78 at the most recent close of the market.

Analyzing the HMY fundamentals

Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.69 points at the first support level, and at 7.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.93, and for the 2nd resistance point, it is at 8.09.

Ratios To Look Out For

It is important to note that Harmony Gold Mining Co Ltd ADR [NYSE:HMY] has a current ratio of 1.62. Also, the Quick Ratio is 1.11, while the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 2.21 and price to earnings (TTM) ratio is 10.06.

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