AngloGold Ashanti Plc. [AU] stock is trading at $22.17, down -0.14%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AU shares have gain 5.17% over the last week, with a monthly amount glided 19.13%, and seem to be holding up well over a long-time horizon.
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On 19, March 2024, AngloGold Ashanti Releases Preliminary Unaudited Condensed Consolidated Financial Statements as of and for the Six Months and the Year Ended 31 December 2023. In a post published today on Yahoo Finance, Announces Annual General Meeting Date and Restatement of Previously Issued Financial Statements.
From an analyst’s perspective:
AngloGold Ashanti Plc. [NYSE: AU] stock has seen the most recent analyst activity on November 14, 2023, when HSBC Securities upgraded its rating to a Hold. Previously, Morgan Stanley downgraded its rating to Equal-Weight on October 18, 2023. On September 12, 2023, upgrade upgraded it’s rating to Outperform. Investec downgraded its rating to a Sell. JP Morgan upgraded its rating to a Overweight and raised its price target to $24.20 on March 07, 2022. BMO Capital Markets downgraded its rating to Market Perform for this stock on June 02, 2021, and downed its price target to $27. In a note dated March 08, 2021, HSBC Securities upgraded an Hold rating on this stock.
AngloGold Ashanti Plc. [AU] stock has fluctuated between $14.91 and $30.26 over the past year. Currently, Wall Street analysts expect the stock to reach $20.5 within the next 12 months. AngloGold Ashanti Plc. [NYSE: AU] shares were valued at $22.17 at the most recent close of the market. An investor can expect a potential drop of -7.53% based on the average AU price forecast.
Analyzing the AU fundamentals
Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.80 points at the first support level, and at 21.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.71, and for the 2nd resistance point, it is at 23.25.
Ratios To Look Out For
For context, AngloGold Ashanti Plc.’s Current Ratio is 2.18. In addition, the Quick Ratio stands at 1.24 and the Cash Ratio stands at 0.84. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 2.30 and price to earnings (TTM) ratio is 239.42.
