Here is how Harmony Gold Mining Co Ltd ADR (HMY) stock might take investors finances to the next level

At the time of writing, Harmony Gold Mining Co Ltd ADR [HMY] stock is trading at $17.70, up 0.85%. 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 3.15% over the last week, with a monthly amount glided 37.74%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, JP Morgan upgraded its rating to Neutral on October 10, 2024. On April 19, 2024, downgrade downgraded it’s rating to Reduce. JP Morgan downgraded its rating to a Underweight. HSBC Securities upgraded its rating to a Hold. Morgan Stanley downgraded its rating to Underweight for this stock on October 18, 2023. In a note dated September 07, 2022, UBS downgraded an Neutral rating on this stock.

For the past year, the stock price of Harmony Gold Mining Co Ltd ADR fluctuated between $7.97 and $18.77. Harmony Gold Mining Co Ltd ADR [NYSE: HMY] shares were valued at $17.70 at the most recent close of the market.

Analyzing the HMY fundamentals

According to Harmony Gold Mining Co Ltd ADR [NYSE:HMY], the company’s sales were 3.80B for trailing twelve months, which represents an 26.51% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.19%, 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 0.21 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.

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 17.17 points at the first support level, and at 16.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.44, and for the 2nd resistance point, it is at 19.18.

Ratios To Look Out For

It is important to note that Harmony Gold Mining Co Ltd ADR [NYSE:HMY] has a current ratio of 1.84. Also, the Quick Ratio is 1.46, while the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 2.90, the price to book ratio is 4.53 and price to earnings (TTM) ratio is 19.24.

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