Overall market sentiment has been down on Gold Fields Limited (GFI) stock lately. GFI receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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 GFI Stock Today?
Gold Fields Limited (GFI) stock has risen 10.69% while the S&P 500 is down -0.27% as of 10:06 AM on Monday, Jan 4. GFI is up $0.99 from the previous closing price of $9.26 on volume of 1,702,053 shares. Over the past year the S&P 500 is up 15.39% while GFI is up 56.25%. GFI earned $0.29 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 35.61.
To screen for more stocks like Gold Fields Limited click here.
More About Gold Fields Limited
Gold Fields Ltd is a globally diversified gold miner and producer with eight operating mines in Australia, Ghana, Peru, and South Africa. The majority of group revenue is generated in the Australian mines, largely the St Ives and Granny Smith sites, with Ghana the second- largest contributor of revenue. The company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing, and smelting. In Peru, the company also produces copper, and it has other precious metal exploration interests in Africa, Eurasia, Australasia, and the Americas.
Click Here to get the full Stock Score Report on Gold Fields Limited (GFI) Stock.
