At the time of writing, AngloGold Ashanti Plc. [AU] stock is trading at $30.33, up 2.74%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AU shares have gain 11.59% over the last week, with a monthly amount glided 9.97%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
AngloGold Ashanti Plc. [NYSE: AU] stock has seen the most recent analyst activity on October 18, 2024, when Investec upgraded its rating to a Buy. Previously, Scotiabank downgraded its rating to Sector Underperform on August 19, 2024, and elevated its price target to $30. On April 19, 2024, downgrade downgraded it’s rating to Reduce. HSBC Securities upgraded its rating to a Hold. Morgan Stanley downgraded its rating to a Equal-Weight. BMO Capital Markets upgraded its rating to Outperform for this stock on September 12, 2023. In a note dated September 30, 2022, Investec downgraded an Sell rating on this stock.
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 $30.33 at the most recent close of the market. An investor can expect a potential drop of -16.52% 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 29.67 points at the first support level, and at 29.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.83, and for the 2nd resistance point, it is at 31.32.
Ratios To Look Out For
It is important to note that AngloGold Ashanti Plc. [NYSE:AU] has a current ratio of 1.83. As well, the Quick Ratio is 1.19, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 2.57, the price to book ratio is 3.22 and price to earnings (TTM) ratio is 371.69.
Transactions by insiders
Recent insider trading involved Cheuiche Godoy Marcelo, Officer, that happened on Sep 13 ’24 when 13717.0 shares were purchased.
