Is Gold Fields Limited (GFI) Price Targeted To Increase?

As of Thursday close, Gold Fields Limited’s (NYSE:GFI) stock was up $0.35, moving up 3.94 percent to $9.24. The average number of shares traded per day over the past five days has been 5,209,600 shares. 3 times new highs have been achieved over the past 5 days, with a $0.03 gain in that time frame. In the last twenty days, the average volume was 6,658,255, while in the previous 50 days, it was 10,329,032.

Since last month, GFI stock rose 2.55%. Shares of the company fell to $8.50 on 07/25/22, the lowest level in the past month. A 52-week high of $17.20 was reached on 03/08/22 after having rallying from a 52-week low of $7.75. Since the beginning of this year, GFI’s stock price has dropped by -15.92% or -$1.75, and marked a new high 17 times. However, the stock has declined by -46.28% since its 52-week high.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .


Valuation Metrics

Right now, Gold Fields Limited (GFI) has a P/E ratio of about 10.46. The stock’s beta is 0.71. Besides these, the trailing price-to-sales (P/S) ratio of 1.97, the price-to-book (PB) ratio of 2.06, and the price-to-cash flow ratio of 58.42 may also be considered.

The latest dividend of $0.1738 per share was paid out, which is 25.67% more than last year’s $0.1383. On Friday February 18 2022, a $0.0356 dividend increase was announced.

Financial Health

In the recent quarter, Gold Fields Limited’s quick ratio stood at 1.70, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.36, and the total debt-to-equity ratio was 0.38. On the profitability front, the trailing twelve-month gross margin is 43.40% percent. In the recent year, EBITDA margin amounted to 53.97%, whereas operating margins totaled 42.40%. Based on annual data, GFI earned $1.82 billion in gross profit and brought in $4.2 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 24.70%. Return on equity (ROE) for the past 12 months was 22.00%.

GFI’s revenue rose 7.22% during the quarter, while net income inched up to $4.2 billion. The liabilities of Gold Fields Limited were 3.22 billion at the end of its most recent quarter, and its total debt was $1.49 billion.

Technical Picture

This quick technical analysis looks at Gold Fields Limited’s (GFI) price momentum. With a historical volatility rate of 39.23%, the RSI 9-day stood at 54.93% on 04 August.

With respect to its five-day moving average, the current Gold Fields Limited price is up by +0.33% percent or $0.03. At present, GFI shares trade +1.54% above its 20-day simple moving average and -44.57% percent below its 100-day simple moving average. However, the stock is currently trading approximately -20.89% below its SMA50 and +0.11% above its SMA200.

Stochastic coefficient K was 53.04% and Stochastic coefficient D was 56.12%, while ATR was 0.41. Given the Stochastic reading of 65.78% for the 14-day period, the RSI (14) reading has been calculated as 50.49%. As of today, the MACD Oscillator reading stands at 0.03, while the 14-day reading stands at 0.11.


Please enter your comment!
Please enter your name here

Hot Topics

Related Articles