AngloGold Ashanti Limited [AU] Is Currently -3.00 below its 200 Period Moving Avg: What Dose This Mean?

AngloGold Ashanti Limited [NYSE: AU] plunged by -$0.67 during the normal trading session on Thursday and reaching a high of $22.14 during the day while it closed the day at $21.65. The company report on February 24, 2021 that Sierra Wireless Reports Fourth Quarter and Full Year 2020 Results.

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Recurring and Other Services revenue represented 27% of total revenue in Q4 2020.

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (the “Company”, “Sierra Wireless”, “we”, “us”, or “our”) reported results for its fourth quarter and fiscal year ended December 31, 2020. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), except as otherwise indicated below.

AngloGold Ashanti Limited stock has also loss -1.64% of its value over the past 7 days. However, AU stock has declined by -7.68% in the 3 months of the year. Over the past six months meanwhile, it has lost -17.84% and lost -4.29% year-on date.

The market cap for AU stock reached $8.72 billion, with 418.50 million shares outstanding and 412.82 million shares in the current float. Compared to the average trading volume of 3.49M shares, AU reached a trading volume of 3228206 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about AngloGold Ashanti Limited [AU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AU shares is $26.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AU stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for AngloGold Ashanti Limited shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 08, 2021. The new note on the price target was released on February 22, 2021, representing the official price target for AngloGold Ashanti Limited stock. On December 08, 2020, analysts increased their price target for AU shares from 35 to 36.

The Average True Range (ATR) for AngloGold Ashanti Limited is set at 0.75, with the Price to Sales ratio for AU stock in the period of the last 12 months amounting to 1.97. The Price to Book ratio for the last quarter was 3.01, with the Price to Cash per share for the same quarter was set at 3.21.

AU stock trade performance evaluation

AngloGold Ashanti Limited [AU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.64. With this latest performance, AU shares gained by 3.64% in over the last four-week period, additionally sinking by -17.84% over the last 6 months – not to mention a drop of -13.92% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AU stock in for the last two-week period is set at 47.70, with the RSI for the last a single of trading hit 45.97, and the three-weeks RSI is set at 48.18 for AngloGold Ashanti Limited [AU]. The present Moving Average for the last 50 days of trading for this stock 21.79, while it was recorded at 22.11 for the last single week of trading, and 25.15 for the last 200 days.

AngloGold Ashanti Limited [AU]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and AngloGold Ashanti Limited [AU] shares currently have an operating margin of +33.25 and a Gross Margin at +36.14. AngloGold Ashanti Limited’s Net Margin is presently recorded at +21.37.

Return on Total Capital for AU is now 31.52, given the latest momentum, and Return on Invested Capital for the company is 22.39. Return on Equity for this stock inclined to 34.16, with Return on Assets sitting at 14.93. When it comes to the capital structure of this company, AngloGold Ashanti Limited [AU] has a Total Debt to Total Equity ratio set at 56.40. Additionally, AU Total Debt to Total Capital is recorded at 36.06, with Total Debt to Total Assets ending up at 27.16. Long-Term Debt to Equity for the company is recorded at 51.56, with the Long-Term Debt to Total Capital now at 32.96.

Receivables Turnover for the company is 28.12 with a Total Asset Turnover recorded at a value of 0.70.AngloGold Ashanti Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.60.

Earnings per share (EPS) analysis for AngloGold Ashanti Limited [AU] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AngloGold Ashanti Limited go to 34.89%.

AngloGold Ashanti Limited [AU]: Insider Ownership positions

There are presently around $2,585 million, or 31.40% of AU stock, in the hands of institutional investors. The top three institutional holders of AU stocks are: VAN ECK ASSOCIATES CORP with ownership of 26,431,863, which is approximately 3.706% of the company’s market cap and around 3.10% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 8,144,689 shares of the stock with an approximate value of $176.33 million in AU stocks shares; and BLACKROCK INC., currently with $163.0 million in AU stock with ownership of nearly -26.629% of the company’s market capitalization.

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Positions in AngloGold Ashanti Limited stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 92 institutional holders increased their position in AngloGold Ashanti Limited [NYSE:AU] by around 9,651,130 shares. Additionally, 104 investors decreased positions by around 16,227,406 shares, while 32 investors held positions by with 93,519,589 shares. The mentioned changes placed institutional holdings at 119,398,125 shares, according to the latest SEC report filing. AU stock had 35 new institutional investments in for a total of 2,835,978 shares, while 39 institutional investors sold positions of 2,467,778 shares during the same period.

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