DRDGold Ltd. ADR [DRD] stock prices are down -0.56% to $30.01 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DRD shares have gain 13.33% over the last week, with a monthly amount glided 17.69%, and 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.
The stock price of DRDGold Ltd. ADR [DRD] has been fluctuating between $8.38 and $31.91 over the past year. Currently, Wall Street analysts expect the stock to reach $36.25 within the next 12 months. DRDGold Ltd. ADR [NYSE: DRD] shares were valued at $30.01 at the most recent close of the market. An investor can expect a potential return of 20.79% based on the average DRD price forecast.
Analyzing the DRD fundamentals
The DRDGold Ltd. ADR [NYSE:DRD] reported sales of 433.60M for trailing twelve months, representing a surge of 27.16%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.27 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 29.45 points at the first support level, and at 28.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.73, and for the 2nd resistance point, it is at 31.44.
Ratios To Look Out For
It’s worth pointing out that DRDGold Ltd. ADR [NYSE:DRD]’s Current Ratio is 2.28. On the other hand, the Quick Ratio is 1.76, and the Cash Ratio is 1.3. Considering the valuation of this stock, the price to sales ratio is 5.99, the price to book ratio is 5.18 and price to earnings (TTM) ratio is 21.10.
