While this happened, Investec upgraded its Gold Fields Ltd ADR [GFI] rating to a Buy from a a Hold in a research note published on BMO Capital Markets also remained covering GFI and has increased its forecast on June 26, 2024 with a “Market perform” recommendation from previously “an Underperform” rating. UBS revised its rating on April 10, 2024. It rated GFI as “a Neutral” which previously was an “a Buy”.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance Review of GFI
On Tuesday, Gold Fields Ltd ADR [NYSE:GFI] saw its stock jump 3.09% to $14.99. Over the last five days, the stock has gained 6.92%. Gold Fields Ltd ADR shares have risen nearly 3.67% since the year began. Nevertheless, the stocks have risen 16.11% over the past one year. While a 52-week high of $18.97 was reached on 04/12/24, a 52-week low of $12.19 was recorded on 01/09/24. SMA at 50 days reached $15.74, while 200 days put it at $15.59.
Levels Of Support And Resistance For GFI Stock
The 24-hour chart illustrates a support level at 14.74, which if violated will result in even more drops to 14.50. On the upside, there is a resistance level at 15.15. A further resistance level may holdings at 15.32. The Relative Strength Index (RSI) on the 14-day chart is 45.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.28%. Stochastics %K at 29.83% indicates the stock is a holding.
How much short interest is there in Gold Fields Ltd ADR?
A steep rise in short interest was recorded in Gold Fields Ltd ADR stocks on 2024-10-31, dropping by -1.35 million shares to a total of 8.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 10.19 million shares. There was a decline of -15.21%, which implies that there is a negative sentiment for the stock.
