AngloGold Ashanti Plc. (AU) Shares Decline Despite Market Challenges

AngloGold Ashanti Plc. (NYSE: AU) has experienced a decline in its stock price by -2.11 compared to its previous closing price of 27.67. However, the company has seen a fall of -5.40% in its stock price over the last five trading days. zacks.com reported 2024-07-18 that In the closing of the recent trading day, AngloGold Ashanti (AU) stood at $28.63, denoting a -1.07% change from the preceding trading day.

Is It Worth Investing in AngloGold Ashanti Plc. (NYSE: AU) Right Now?

Company’s 36-month beta value is 0.91.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for AU is 419.48M, and currently, short sellers hold a 1.20% ratio of that floaft. The average trading volume of AU on July 25, 2024 was 1.70M shares.

AU’s Market Performance

AU’s stock has seen a -5.40% decrease for the week, with a 12.06% rise in the past month and a 23.56% gain in the past quarter. The volatility ratio for the week is 2.52%, and the volatility levels for the past 30 days are at 2.60% for AngloGold Ashanti Plc. The simple moving average for the past 20 days is -1.90% for AU’s stock, with a 29.06% simple moving average for the past 200 days.

AU Trading at 6.52% 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 -9.99% of loss for the given period.

Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +9.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.46% upper at present.

During the last 5 trading sessions, AU fell by -6.32%, which changed the moving average for the period of 200-days by +68.15% in comparison to the 20-day moving average, which settled at $27.72. In addition, AngloGold Ashanti Plc. saw 44.92% 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 -0.04. The total capital return value is set at 0.09. Equity return is now at value -8.04, with -3.87 for asset returns.

Based on AngloGold Ashanti Plc. (AU), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 8.71.

Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 0.98. When we switch over and look at the enterprise to sales, we see a ratio of 2.29. The receivables turnover for the company is 18.7for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.

Conclusion

In a nutshell, AngloGold Ashanti Plc. (AU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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