Sibanye Stillwater Ltd stock trades under the ticker SBSW & has shown recent bullishness that traders & investors should take a closer look into.
SBSW stock closed at $9.95/share on 8/26/2022.
Sibanye Stillwater Ltd SBSW Stock’s Technical Performance Broken Down
SBSW Stock Price: $9.95
10 Day Moving Average: $9.65
50 Day Moving Average: $9.93
200 Day Moving Average: $13.15
RSI: 51.4
MACD: -0.104
On Friday, SBSW stock completed a bullish MACD crossover, settling just above its 50 day moving average, despite falling 0.4%.
Recent trading volumes have been lighter than average compared to the year prior, and their RSI is neutral, signaling that market participants lack confidence in how to value SBSW stock.
They have support at the $9.57 & $9.35/share price levels, as they try to break above the $10.12 & $10.56/share resistance levels.
Sibanye Stillwater Ltd SBSW Stock As A Long-Term Investment
Long-term oriented investors will like SBSW stock’s valuation metrics, with a 3.53 P/E (ttm) & a 1.41 P/B (mrq).
They recently reported 13.6% Quarterly Revenue Growth Y-o-Y, which investors may want to investigate as it came with -58.8% Quarterly Earnings Growth Y-o-Y.
Their balance sheet looks appealing, with $30.29B of Total Cash (mrq) & $20.58B of Total Debt (mrq).
SBSW stock pays a 12.97% dividend yield, which appears to be stable in the long-run, as their payout ratio is 55.65%.
7.92% of SBSW stock’s outstanding share float is owned by institutional investors.
Sibanye Stillwater Ltd SBSW Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to profit from price movements in SBSW stock, while protecting their portfolio from broader market volatility.
I am looking at the contracts with the 9/16 expiration date.
The $7.50 & $5 calls are in-the-money, with the former being more liquid than the latter strike price.
The $10, $12.50 & $15 puts are also all in-the-money, listed from highest to lowest level of open interest.
Tying It All Together
SBSW stock has many unique characteristics that traders & investors are sure to find appealing.
Investors will like their balance sheet & valuation metrics, as well as their dividend yield, should it remain sustainable.
Traders will like their recent technical performance, but may be disappointed by how liquid their options are.
Overall, it is worth taking a closer look into SBSW stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF SBSW STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***