A share price of AngloGold Ashanti Plc. [AU] is currently trading at $24.04, up 2.87%. 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 3.89% over the last week, with a monthly amount glided 4.34%, 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 April 19, 2024, when HSBC Securities downgraded its rating to a Reduce. Previously, HSBC Securities upgraded its rating to Hold on November 14, 2023. On October 18, 2023, downgrade downgraded it’s rating to Equal-Weight. BMO Capital Markets upgraded its rating to a Outperform. Investec downgraded its rating to a Sell. JP Morgan upgraded its rating to Overweight for this stock on March 07, 2022, and upped its price target to $24.20. In a note dated June 02, 2021, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $30 to $27.
AngloGold Ashanti Plc. experienced fluctuations in its stock price throughout the past year between $14.91 and $28.25. 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 $24.04 at the most recent close of the market. An investor can expect a potential drop of -14.73% based on the average AU price forecast.
Analyzing the AU fundamentals
Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.1 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.63.
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 23.72 points at the first support level, and at 23.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.27, and for the 2nd resistance point, it is at 24.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AngloGold Ashanti Plc. [NYSE:AU] is 1.80. Further, the Quick Ratio stands at 1.12, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 2.20, the price to book ratio is 2.72.
