In the past week, AU stock has gone up by 0.60%, with a monthly decline of -7.34% and a quarterly surge of 19.56%. The volatility ratio for the week is 2.92%, and the volatility levels for the last 30 days are 2.55% for AngloGold Ashanti Plc. The simple moving average for the last 20 days is -1.10% for AU stock, with a simple moving average of 22.97% for the last 200 days.
Is It Worth Investing in AngloGold Ashanti Plc. (NYSE: AU) Right Now?
AngloGold Ashanti Plc. (NYSE: AU) has a price-to-earnings ratio that is above its average at 349.75x. The stock has a 36-month beta value of 0.99. Opinions on the stock are mixed, 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 419.18M, and at present, short sellers hold a 1.02% of that float. On September 24, 2024, the average trading volume of AU was 1.69M shares.
AU) stock’s latest price update
AngloGold Ashanti Plc. (NYSE: AU)’s stock price has plunge by 1.82relation to previous closing price of 28.03. Nevertheless, the company has seen a 0.60% surge in its stock price over the last five trading sessions. zacks.com reported 2024-09-23 that AngloGold Ashanti (AU) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Analysts’ Opinion of AU
Many brokerage firms have already submitted their reports for AU stocks, with Scotiabank repeating the rating for AU by listing it as a “Sector Underperform.” The predicted price for AU in the upcoming period, according to Scotiabank is $30 based on the research report published on August 19, 2024 of the current year 2024.
AU Trading at -1.47% 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 -12.37% of loss for the given period.
Volatility was left at 2.55%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares sank -8.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.09% lower at present.
During the last 5 trading sessions, AU rose by +0.60%, which changed the moving average for the period of 200-days by +52.05% in comparison to the 20-day moving average, which settled at $28.73. In addition, AngloGold Ashanti Plc. saw 52.70% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AU starting from Cheuiche Godoy Marcelo, who proposed sale 13,717 shares at the price of $27.40 back on Sep 13 ’24. After this action, Cheuiche Godoy Marcelo now owns shares of AngloGold Ashanti Plc., valued at $375,846 using the latest closing price.
Stock Fundamentals for AU
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.27 for the gross margin
The net margin for AngloGold Ashanti Plc. stands at -0.0. The total capital return value is set at 0.18. Equity return is now at value 0.90, with 0.44 for asset returns.
Based on AngloGold Ashanti Plc. (AU), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.91. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is 29.56.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 0.57. When we switch over and look at the enterprise to sales, we see a ratio of 1.79. The receivables turnover for the company is 51.19for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
Conclusion
To sum up, AngloGold Ashanti Plc. (AU) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
