AngloGold Ashanti Plc. (NYSE: AU) has seen a rise in its stock price by 0.67 in relation to its previous close of 23.85. However, the company has experienced a 1.95% gain 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.
Is It Worth Investing in AngloGold Ashanti Plc. (NYSE: AU) Right Now?
Additionally, the 36-month beta value for AU is 0.93. 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.”
The public float for AU is 419.69M and currently, short sellers hold a 1.55% ratio of that float. The average trading volume of AU on April 15, 2024 was 2.21M shares.
AU’s Market Performance
The stock of AngloGold Ashanti Plc. (AU) has seen a 1.95% increase in the past week, with a 8.25% rise in the past month, and a 37.44% gain in the past quarter. The volatility ratio for the week is 5.16%, and the volatility levels for the past 30 days are at 3.83% for AU. The simple moving average for the last 20 days is 7.36% for AU stock, with a simple moving average of 27.29% for the last 200 days.
AU Trading at 17.53% 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 -20.67% of loss for the given period.
Volatility was left at 3.83%, however, over the last 30 days, the volatility rate increased by 5.16%, as shares surge +9.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.25% upper at present.
During the last 5 trading sessions, AU rose by +2.63%, which changed the moving average for the period of 200-days by +14.44% in comparison to the 20-day moving average, which settled at $22.47. In addition, AngloGold Ashanti Plc. saw 28.46% 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:
- 0.17 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 0.16. Equity return is now at value -6.02, with -2.89 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 15.41.
Currently, EBITDA for the company is 1.39 billion with net debt to EBITDA at 0.58. When we switch over and look at the enterprise to sales, we see a ratio of 1.65. The receivables turnover for the company is 21.85for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In conclusion, AngloGold Ashanti Plc. (AU) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
