Short-Term And Long-Term Opportunities: Randgold Resources Limited (GOLD)

Barclays rated the Randgold Resources Limited (NYSE:GOLD)’s stock as an Overweight in a research note published on Wednesday, January 9th, 2019 and posted a $15 price target on the common stock of Randgold Resources Limited (NYSE:GOLD). Other Wall Street experts have also recently posted reports on these shares. Macquarie gave the stock a Neutral rating in a research note from Monday, October 22nd, 2018. RBC Capital Mkts rated the stock as a Sector Perform in a research note dated Wednesday, September 26th, 2018.

At the moment, there are a total of 5 analysts who cover Randgold Resources Limited (NYSE:GOLD) stock. Among that group, 2 of them gave BUY ratings, 1 of them rated the stock as OUTPERFORM, 2 recommended it as HOLD, 0 set the rating at UNDERPERFORM and 0 rated it as a SELL.

The company, which is valued at $1.17B, last published its earnings results on Tuesday, 11/06/2018 for the quarter that ended in Dec-17. The business posted revenue of $328.62 million for the three-month period, above $41.62 million, compared to analysts’ forecasts of $287.00 million with a surprise factor of 14.50%. The organization posted $0.60 earnings per share (EPS) for the three-month period, surpassing the Thomson Reuter’s analyst consensus estimate of $0.69 by -$0.09– amounting to a surprise factor of 13.04%.

At times, the stock market can get highly confusing – even for some of the most experienced traders. Even when the result is what you had expected, the market might suddenly decide to make an opposing movement. This can spark a great deal of doubt and second-guessing. Keeping tabs on historical price performance, as well as both long-term and short-term trends, can be very useful. Over the past 7 days, Randgold Resources Limited (NYSE:GOLD) stock has decreased in price by 4.92%. Looking backwards over the past quarter, these shares have gained 9.19%. Turning to look at the last 6 months, this stock has dropped 4.33% to its price. Since the beginning of the calendar year, this stock has moved down by 15.11%.

Now let’s examine some potential support and resistance levels for this particular stock. Following a recent spotcheck, the public organization Randgold Resources Limited (NYSE:GOLD) has been observed as trading -12.83% away from its 90-day high price. Taking a look at the other side of things, this stock has been trading +5.55% away from its 90-day low. Moving to a broader perspective, this stock has recently been trading -20.36% away from its 52-week high and +29.70% away from its 52-week low price.

Now let’s look at this public company’s trading volatility. Its 1-Week Volatility currently stands at 3.26%, while its Month Volatility is 3.71%. This stock’s ATR (Average True Range) is currently 0.48. Volatility demonstrates how much the stock will dive or rise if the wider market suffers or surges. A stock that has a beta score higher than 1 means that volatility is high, while less than 1 means that volatility is low.

Randgold Resources Limited (NYSE:GOLD) stock slipped -$0.09 lower during the regular trading session on Thursday, hitting $12.36. This organization’s stock showed a trading volume of 12.59 million shares, compared to its average daily volume of 19.61M shares.