AngloGold Ashanti Limited [AU] has traded in a range of $12.66 to $38.50 in the last 1 year. As of this writing, the stock is at $22.22, down -1.29%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, AU shares are -5.81% down with the monthly amount drift of -16.25% and seems bad in a long time frame.

On 18, November 2020, Sierra Wireless Completes Divestiture of Automotive Embedded Module Product Line. According to news published on Yahoo Finance, Sierra Wireless (NASDAQ: SWIR) (TSX: SW) (the “Company” or “Sierra Wireless”), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced it has completed the previously announced sale of its Shenzhen, China-based automotive embedded module product line to Rolling Wireless (H.K.) Limited (“Rolling Wireless”) for US$165 million in cash. The sale of the automotive product line includes approximately US$19 million of cash and is subject to normal working capital adjustments.

Analyst Birdseye View:

The most recent analyst activity for AngloGold Ashanti Limited [NYSE:AU] stock was on July 31, 2020, when it was Downgrade with a Market perform rating from BMO Capital Markets. Before that, on September 15, 2020, RBC Capital Mkts Recapitulated an Outperform rating and elevated its amount target to $40. On June 17, 2020, Deutsche Bank Initiated a Buy rating. On April 21, 2020, BofA/Merrill Upgrade a Neutral rating. On June 27, 2019, BMO Capital Markets Upgrade an Outperform rating. On June 26, 2019, RBC Capital Mkts Upgrade an Outperform rating. On November 06, 2018, Citigroup Downgrade a Sell rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $12.66 and a peak of $38.50. Right now, according to Wall Street analyst the average 12-month amount target is $31.78. At the most recent market close, shares of AngloGold Ashanti Limited [NYSE:AU] were valued at $22.22. According to the average price forecast, investors can expect a potential return of -5.04%.

FUNDAMENTAL ANALYSIS

AngloGold Ashanti Limited [NYSE:AU] most recently reported quarterly sales of 32.72 billion, which represented growth of -20.70%. This company’s Gross Margin is currently 33.50%, its Operating Margin is 26.40%, its Pretax Margin is +12.79, and its Net Margin is +10.33. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.49, 14.01, 12.51 and 8.59 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 45.50 and the whole liability to whole assets at 32.11. It shows enduring liability to the whole principal at 29.42 and enduring liability to assets at 0.21 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 21.89 points at 1st support level, the second support level is making up to 21.56. But as of 1st resistance point, this stock is sitting at 22.49 and at 22.76 for 2nd resistance point.

AngloGold Ashanti Limited [AU] reported its earnings at $0.63 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.94/share signifying the difference of -0.31 and -33.00% surprise value. Comparing the previous quarter ending of 6/29/2019, the stated earnings were $0.29 calling estimates for $0.33/share with the difference of -0.04 depicting the surprise of -12.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for AngloGold Ashanti Limited [NYSE:AU] is 2.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.35. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.60, it’s amount to book ratio is 3.56 and showing 14.73 of P/E (TTM) ratio.