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TIME MAY BE RUNNING OUT FOR THOSE BETTING AGAINST GOLD FIELDS LIMITED (GFI), PULTEGROUP, INC. (PHM)

Tuesday, 16 October 2018

The shares of Gold Fields Limited (NYSE:GFI) has performed poorly over the past three months, as it lost around -21.85% while it has so far retreated around -30.6% during the course of a year. It went down by $0 now trading at $2.79. Their shares witnessed a 26.82% increase from the 52-week low price of $2.2 they recorded on 2018-09-11. Even though it is still -62.72% behind the $4.54 high touched on 2018-01-26. The last few days have been good for the stock, as its price has grew by 12.5% during the week. The stock of GFI recorded -35.12% downtrend from the beginning of this year till date. The 12-month potential price target for Gold Fields Limited is set at $4.05. This target means that the stock has an upside potential to increase by 45.16% from the current trading price.

When giving their opinion, around 75% of Wall Street analysts, which represents 3 out of 4 rated the stock as a Buy. 1 brokerage firms of the remaining 25% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate GFI shares held by institutional investors represents 39.9 of total shares. 11 institutions entered new Gold Fields Limited (NYSE:GFI) positions, 64 added to their existing positions in these shares, 52 lowered their positions, and 17 exited their positions entirely.

Gold Fields Limited (GFI) trade volume has increased by 29.72% as around 6,136,391 shares were sold when compared with its 50-day average volume of traded shares which is 4,730,656. At the moment, GFI is witnessing a uptrend, as it is trading 11.96% above its 20-day SMA, 5.31% above its 50-day SMA, and -21.8% above its 200-day SMA. The company runs an ROE of roughly -14.2%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the -16% decrease witnessed over the past five years.

The first technical resistance point for Gold Fields Limited (NYSE:GFI) will likely come at $2.84, marking a 1.76% premium to the current level. The second resistance point is at $2.88, about 3.13% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $2.66, the lower end of the range. GFI’s 14-day MACD is 0.2 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 66.48, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 37.56 percent, which is low when compared to that of the 50-day’s 54.27 percent.

The shares of PulteGroup, Inc. (NYSE:PHM) has decreased by -1.8%, and now trading at $22.89 on the Wall Street in the intra-day deal, with their shares traded now around 5,917,731. This is a rise of 1,475,543 shares over the average 4,442,188 shares that were traded daily over the last three months. The stock that is trading at $22.89 went lower by -1.25% from its 52-week low of $23.18 that it attained back on 2018-10-12. The stock recorded a 52-week high of $35.21 nearly 265 days ago on 2018-01-23.

PHM stock hasn’t performed well over the past 30 days, as it lost -14.72% while its price plunged by -31.16% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -4.07% over the last week. The stock’s 12-month potential target price is now at $31.94. This means that the stock price might likely increase by 39.54% from its current trading price.6 out of 19 Wall Street analysts which represents 31.58% rated the stock as a buy while the remaining 57.89 rated it as a hold, with 10.53 of analysts rating it as a sell.

PulteGroup, Inc. (NYSE:PHM) has been utilizing an ROE that is roughly 17.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 44.23% per year, following the 30.2% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -8.92% below its 20-day SMA, -15.26% below its 50-day SMA, and -22.66% below its 200-day SMA. In percentage terms, the aggregate PulteGroup, Inc. shares held by institutional investors is 91%. 67 institutions jumped in to acquire PulteGroup, Inc. (PHM) fresh stake, 279 added to their current holdings in these shares, 244 lowered their positions, and 62 left no stake in the company.

The stock’s 9-day MACD is -0.54 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 17.68, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 16.62 percent, which is less when compared to that of the 50-day’s 25.34 percent. On the daily chart, we see that the stock could reach the first level of resistance at $23.48, sporting a 2.51% premium to the current level. The next resistance point is at $24.08, representing nearly 4.94% premium to the current market price of PulteGroup, Inc. (PHM). On the other hand, failure to breach the immediate hurdles can drag it down to $22.08, the lower end of the range.


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