DRDGold Ltd. ADR [DRD] stock is trading at $9.07, up 4.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The DRD shares have gain 5.10% over the last week, with a monthly amount drifted -3.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DRDGold Ltd. ADR [NYSE: DRD] stock has seen the most recent analyst activity on September 05, 2019, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $13.75. On May 05, 2017, upgrade upgraded it’s rating to Hold. JP Morgan downgraded its rating to a Underweight. JP Morgan downgraded its rating to a Neutral. JP Morgan upgraded its rating to Overweight for this stock on May 13, 2015.
DRDGold Ltd. ADR [DRD] stock has fluctuated between $6.48 and $12.70 over the past year. Currently, Wall Street analysts expect the stock to reach $13.25 within the next 12 months. DRDGold Ltd. ADR [NYSE: DRD] shares were valued at $9.07 at the most recent close of the market. An investor can expect a potential return of 46.09% based on the average DRD price forecast.
Analyzing the DRD fundamentals
DRDGold Ltd. ADR [NYSE:DRD] reported sales of 333.42M for the trailing twelve months, which represents a growth of 11.83%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.2 and Total Capital is 0.28.
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 8.89 points at the first support level, and at 8.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.18, and for the 2nd resistance point, it is at 9.28.
Ratios To Look Out For
For context, DRDGold Ltd. ADR’s Current Ratio is 1.57. On the other hand, the Quick Ratio is 1.08, and the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 11.06.
