DRDGold Ltd. ADR (NYSE: DRD) is 19.75% higher on its value in year-to-date trading and has touched a low of $6.48 and a high of $12.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DRD stock was last observed hovering at around $9.70 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $9.52, the stock is -7.64% and -9.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -1.86% at the moment leaves the stock 5.38% off its SMA200. DRD registered 0.11% gain for a year compared to 6-month gain of 11.09%. The firm has a 50-day simple moving average (SMA 50) of $10.5524 and a 200-day simple moving average (SMA200) of $9.0208.
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The stock witnessed a -23.53% loss in the last 1 month and extending the period to 3 months gives it a 13.20%, and is -0.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.33% over the month.
DRDGold Ltd. ADR (DRD) has around 2956 employees, a market worth around $820.15M and $333.42M in sales. Current P/E ratio is 11.61 and Fwd P/E is 8.45. Profit margin for the company is 21.29%. Distance from 52-week low is 46.91% and -25.04% from its 52-week high. The company has generated returns on investments over the last 12 months (18.76%).
The EPS is expected to grow by 19.26% this year, but quarterly earnings will post 10.36% year-over-year.
The shares outstanding are 86.15M, and float is at 86.05M with Short Float at 1.93%.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 5.33 million shares valued at $45.89 million. The investor’s holdings represent 6.1905 of the DRD Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 0.8 million shares valued at $6.91 million to account for 0.9321 of the shares outstanding. The other top investors are AMERICAN CENTURY COMPANIES INC which holds 0.68 million shares representing 0.7893 and valued at over $5.85 million, while BLACKROCK INC. holds 0.5518 of the shares totaling 0.48 million with a market value of $4.09 million.
