Is there a Bearish outlook for DRDGOLD Ltd. (ADR) (NYSE:DRD) this week?

June 19, 2017 - By Dolores Ford

 Is there a Bearish outlook for DRDGOLD Ltd. (ADR) (NYSE:DRD) this week?
Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.64, from 1.5 in 2016Q3. It worsened, as 14 investors sold DRDGOLD Ltd. (ADR) shares while 7 reduced holdings. 12 funds opened positions while 6 raised stakes. 9.48 million shares or 78.19% more from 5.32 million shares in 2016Q3 were reported.
Ruffer Limited Liability Partnership holds 0.41% or 1.32 million shares. Citigroup Inc invested in 7,200 shares or 0% of the stock. Morgan Stanley invested in 0% or 154,997 shares. Cypress Cap Mgmt Ltd Llc (Wy) holds 17,500 shares. Asset Inc stated it has 0.03% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD). Guggenheim Capital Ltd Liability Corporation owns 0% invested in DRDGOLD Ltd. (ADR) (NYSE:DRD) for 30,783 shares. 547 were accumulated by Patten. Goldman Sachs Group Incorporated Incorporated reported 0% stake. Us Financial Bank De holds 200 shares. Jane Street Gp Ltd invested in 44,350 shares or 0% of the stock. Renaissance Techs Ltd Liability holds 0.01% in DRDGOLD Ltd. (ADR) (NYSE:DRD) or 1.63 million shares. Deutsche Bancorporation Ag reported 0% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD). Royal Retail Bank Of Canada, a Ontario – Canada-based fund reported 63,991 shares. Envestnet Asset has invested 0% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD). 13,680 are held by Credit Suisse Ag.

DRDGOLD Ltd. (ADR) (NYSE:DRD) Ratings Coverage

Among 2 analysts covering DRDGOLD (NYSE:DRD), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. DRDGOLD had 3 analyst reports since September 14, 2015 according to SRatingsIntel. The rating was downgraded by HSBC on Tuesday, August 30 to “Hold”. JP Morgan downgraded DRDGOLD Ltd. (ADR) (NYSE:DRD) on Monday, September 14 to “Neutral” rating. The stock of DRDGOLD Ltd. (ADR) (NYSE:DRD) earned “Hold” rating by HSBC on Friday, May 5. Below is a list of DRDGOLD Ltd. (ADR) (NYSE:DRD) latest ratings and price target changes.

05/05/2017 Broker: HSBC Old Rating: Reduce New Rating: Hold Upgrade

About 114,958 shares traded. DRDGOLD Ltd. (ADR) (NYSE:DRD) has declined 30.98% since June 19, 2016 and is downtrending. It has underperformed by 47.68% the S&P500.

DRDGOLD Limited is a gold mining company. The company has market cap of $139.30 million. The Firm is engaged in gold production by tailings retreatment. It has a 36.1 P/E ratio. The Firm is focused on the recovery of lower-risk, higher-margin ounces primarily from its metallurgical plant located approximately 50 kilometers east of Johannesburg in Brakpan.

More news for DRDGOLD Ltd. (ADR) (NYSE:DRD) were recently published by: Quotes.Wsj.com, which released: “DRDGOLD Ltd. ADR DRD (US: NYSE)” on February 25, 2011. Marketwatch.com‘s article titled: “3.29” and published on May 05, 2011 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.