At the time of writing, AngloGold Ashanti Plc. [AU] stock is trading at $27.34, up 0.59%. 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 5.40% over the last week, with a monthly amount drifted -4.44%, and not 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 August 19, 2024, when Scotiabank downgraded its rating to a Sector Underperform and also boosted its price target to $30 from $27. Previously, HSBC Securities downgraded its rating to Reduce on April 19, 2024. On November 14, 2023, upgrade upgraded it’s rating to Hold. Morgan Stanley downgraded its rating to a Equal-Weight. BMO Capital Markets upgraded its rating to a Outperform. Investec downgraded its rating to Sell for this stock on September 30, 2022. In a note dated March 07, 2022, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $22.20 to $24.20.
For the past year, the stock price of AngloGold Ashanti Plc. fluctuated between $15.60 and $32.57. Currently, Wall Street analysts expect the stock to reach $25.32 within the next 12 months. AngloGold Ashanti Plc. [NYSE: AU] shares were valued at $27.34 at the most recent close of the market. An investor can expect a potential drop of -7.39% based on the average AU price forecast.
Analyzing the AU fundamentals
Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.
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 26.99 points at the first support level, and at 26.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.51, and for the 2nd resistance point, it is at 27.69.
Ratios To Look Out For
It is important to note that AngloGold Ashanti Plc. [NYSE:AU] has a current ratio of 1.83. Further, the Quick Ratio stands at 1.19, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 2.32, the price to book ratio is 2.90 and price to earnings (TTM) ratio is 335.05.
Transactions by insiders
Recent insider trading involved Cheuiche Godoy Marcelo, Officer, that happened on Sep 13 ’24 when 13717.0 shares were purchased.
