Things To Digest This Week: UBS Group AG (UBS), Gold Fields Limited (GFI)

UBS Group AG (UBS) sank -1.09% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -31.41% and is now up by 2.5% since start of this year. A look at its monthly performance shows that the stock has recorded a -3.13% fall over the past 30 days. Its equity price dipped by -12.12% over the past three months which led to its overall six-month decrease to stand at -20.79%.

Experts from research firms are bullish about the near-term performance of UBS Group AG with most of them predicting a $16.85 price target on a short-term (12 months) basis. The average price target by the analysts will see a 32.78% rise in the stock and would lead to UBS’s market cap to surge to $65.38B. The stock has been rated an average 0, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 1 analysts that track UBS Group AG (NYSE:UBS) and find out that 0 of them rated it as a Hold. 1 of the 1 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at UBS technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 44.22 point. Its trading volume has lost -1545380 shares compared to readings over the past three months as it recently exchanged 1454620 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 3000000 shares, and this is 0.48 times the normal volume.

The price of Gold Fields Limited (NYSE:GFI) currently stands at $3.65 after it went up by $0.03 or 0.83% and has found a strong support at $3.52 a share. If the GFI price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $3.39 mark would also be bad for the stock as it means that the stock would plunge by 7.12% from its current position. However, if the stock price is able to trade above the resistance point around $3.74, then it could likely surge higher to try and break the upward resistance which stands at $3.84 a share. Its average daily volatility over the past one month stands at 3.18%. The stock has plunged by 4.66% from its 52-weeks high of $3.48 which it reached on Mar. 26, 2018. In general, it is 39.73% above its 52-weeks lowest point which stands at $2.2 and this setback was observed on Sep. 11, 2018.

Analysts have predicted a price target for Gold Fields Limited (GFI) for 1 year and it stands at an average $3.86/share. This means that it would likely increase by 5.75% from its current position. The current price of the stock has been moving between $3.48 and $3.705. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $2.47. On the other hand, one analyst is super bullish about the price, setting a target as high as $7.63.

The GFI stock Stochastic Oscillator (%D) is at 11.7%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 1.05 which compares to the 1.23 recorded by the industry or the 2.76 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 17.38, which is higher than the 0 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -16% over the past five years.

Analysts view Gold Fields Limited (NYSE:GFI) as a Hold, with 2.5 consensus rating. Reuters surveyed 4 analysts that follow GFI and found that 1 of those analysts rated the stock as a Hold. The remaining 3 were divided, with 2 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Gold Fields Limited (GFI) shares or sell it if they already own it.