Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report) rose 7% during mid-day trading on Friday . The stock traded as high as $3.99 and last traded at $3.99. Approximately 1,362,671 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 5,930,618 shares. The stock had previously closed at $3.73.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price target on shares of Sibanye Stillwater from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Wednesday, July 3rd. BMO Capital Markets dropped their target price on shares of Sibanye Stillwater from $5.00 to $4.50 and set a "market perform" rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat.com, Sibanye Stillwater currently has an average rating of "Hold" and a consensus price target of $5.17.
Check Out Our Latest Report on SBSW
Sibanye Stillwater Trading Up 7.9 %
The company has a current ratio of 1.70, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The business has a fifty day simple moving average of $4.21 and a 200-day simple moving average of $4.59.
Institutional Trading of Sibanye Stillwater
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its holdings in Sibanye Stillwater by 15.2% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 47,304 shares of the company's stock worth $257,000 after buying an additional 6,243 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Sibanye Stillwater by 36.9% in the fourth quarter. Quadrant Capital Group LLC now owns 16,701 shares of the company's stock valued at $91,000 after purchasing an additional 4,500 shares during the last quarter. BCGM Wealth Management LLC lifted its position in shares of Sibanye Stillwater by 21.7% during the fourth quarter. BCGM Wealth Management LLC now owns 359,142 shares of the company's stock valued at $1,950,000 after purchasing an additional 64,148 shares in the last quarter. Anthracite Investment Company Inc. purchased a new position in Sibanye Stillwater during the fourth quarter worth about $1,525,000. Finally, Dynamic Technology Lab Private Ltd grew its position in Sibanye Stillwater by 545.5% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 143,193 shares of the company's stock worth $778,000 after purchasing an additional 121,009 shares in the last quarter. 34.93% of the stock is owned by institutional investors.
Sibanye Stillwater Company Profile
(
Get Free Report)
Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.
Read More
Before you consider Sibanye Stillwater, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sibanye Stillwater wasn't on the list.
While Sibanye Stillwater currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
