At the time of writing, AngloGold Ashanti Plc. [AU] stock is trading at $23.81, down -0.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AU shares have gain 1.10% over the last week, with a monthly amount glided 7.35%, and seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of AngloGold Ashanti Plc. fluctuated between $14.91 and $30.26. 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 $23.81 at the most recent close of the market. An investor can expect a potential drop of -13.9% 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 0.17%, Pretax Profit Margin comes in at 0.01%, 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 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
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 23.40 points at the first support level, and at 22.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.50, and for the 2nd resistance point, it is at 25.18.
Ratios To Look Out For
It is important to note that AngloGold Ashanti Plc. [NYSE:AU] has a current ratio of 1.80. Further, the Quick Ratio stands at 1.12, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 2.69.
