Harmony Gold Mining Company Ltd (HMY) Stock: What Does the Chart Say Monday?

Overall market sentiment has been high on Harmony Gold Mining Company Ltd (HMY) stock lately. HMY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Harmony Gold Mining Company Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HMY!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With HMY Stock Today?

Harmony Gold Mining Company Ltd (HMY) stock is up 0.37% while the S&P 500 is down -0.23% as of 11:04 AM on Monday, Apr 1. HMY has risen $0.03 from the previous closing price of $8.17 on volume of 2,290,563 shares. Over the past year the S&P 500 has gained 27.10% while HMY has risen 96.64%. HMY earned $0.76 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.8. To screen for more stocks like Harmony Gold Mining Company Ltd click here.

More About Harmony Gold Mining Company Ltd

Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations. Click Here to get the full Stock Report for Harmony Gold Mining Company Ltd stock.