The stock of AngloGold Ashanti Plc. (AU) has gone up by 5.29% for the week, with a 23.71% rise in the past month and a 14.37% rise in the past quarter. The volatility ratio for the week is 3.78%, and the volatility levels for the past 30 days are 3.48% for AU. The simple moving average for the last 20 days is 3.85% for AU stock, with a simple moving average of 18.09% for the last 200 days.
Is It Worth Investing in AngloGold Ashanti Plc. (NYSE: AU) Right Now?
The price-to-earnings ratio for AngloGold Ashanti Plc. (NYSE: AU) is above average at 240.60x. The 36-month beta value for AU is also noteworthy at 0.92. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for AU is 419.69M, and at present, short sellers hold a 1.78% of that float. The average trading volume of AU on March 28, 2024 was 1.96M shares.
AU) stock’s latest price update
AngloGold Ashanti Plc. (NYSE: AU)’s stock price has increased by 1.32 compared to its previous closing price of 21.99. However, the company has seen a 5.29% increase in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-08 that The price of gold hit a record high this week. AngloGold Ashanti is one of the largest gold producers based on market cap.
AU Trading at 16.91% from the 50-Day Moving Average
After a stumble in the market that brought AU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.38% of loss for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.78%, as shares surge +19.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.60% upper at present.
During the last 5 trading sessions, AU rose by +4.77%, which changed the moving average for the period of 200-days by -9.14% in comparison to the 20-day moving average, which settled at $21.63. In addition, AngloGold Ashanti Plc. saw 19.21% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AU
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.22 for the gross margin
The net margin for AngloGold Ashanti Plc. stands at 0.01. The total capital return value is set at 0.07. Equity return is now at value 0.94, with 0.48 for asset returns.
Based on AngloGold Ashanti Plc. (AU), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 6.99.
Currently, EBITDA for the company is 962.0 million with net debt to EBITDA at 1.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.35. The receivables turnover for the company is 14.3for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.
Conclusion
In summary, AngloGold Ashanti Plc. (AU) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
