AngloGold Ashanti Limited [NYSE: AU] closed the trading session at $17.14 on 03/01/23. The day’s price range saw the stock hit a low of $16.97, while the highest price level was $17.375.
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The stocks have a year to date performance of -11.74 percent and weekly performance of 1.36 percent. The stock has been moved at 20.03 percent over the last six months. The stock has performed -18.84 percent around the most recent 30 days and changed -1.27 percent over the most recent 3-months.
If compared to the average trading volume of 2.82M shares, AU reached to a volume of 3276682 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 $20.10 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 2.30. 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.
Investec have made an estimate for AngloGold Ashanti Limited shares, keeping their opinion on the stock as Sell, with their previous recommendation back on September 30, 2022. While these analysts kept the previous recommendation, JP Morgan raised their target price from $22.20 to $24.20. The new note on the price target was released on March 07, 2022, representing the official price target for AngloGold Ashanti Limited stock. Previously, the target price had yet another drop from $30 to $27, while BMO Capital Markets kept a Market Perform rating on AU stock.
The Average True Range (ATR) for AngloGold Ashanti Limited is set at 0.63, with the Price to Sales ratio for AU stock in the period of the last 12 months amounting to 1.63. The Price to Book ratio for the last quarter was 1.70. Price to Free Cash Flow for AU in the course of the last twelve months was 11.55 with Quick ratio for the last quarter at 2.10.
AU stock trade performance evaluation
AngloGold Ashanti Limited [AU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.36. With this latest performance, AU shares dropped by -18.84% in over the last four-week period, additionally plugging by 20.03% over the last 6 months – not to mention a drop of -26.25% 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 29.18, with the RSI for the last a single of trading hit 27.84, and the three-weeks RSI is set at 33.76 for AngloGold Ashanti Limited [AU]. The present Moving Average for the last 50 days of trading for this stock 20.12, while it was recorded at 16.88 for the last single week of trading, and 16.57 for the last 200 days.
AngloGold Ashanti Limited [AU]: An insightful look at the core fundamentals
AngloGold Ashanti Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 3.00.
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 8.61%.
AngloGold Ashanti Limited [AU]: Insider Ownership positions
There are presently around $1,720 million, or 27.10% 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 23,586,972, which is approximately 0.467% of the company’s market cap and around 3.10% of the total institutional ownership; BLACKROCK INC., holding 8,322,752 shares of the stock with an approximate value of $142.65 million in AU stocks shares; and CORONATION FUND MANAGERS LTD., currently with $92.12 million in AU stock with ownership of nearly -9.192% of the company’s market capitalization.
75 institutional holders increased their position in AngloGold Ashanti Limited [NYSE:AU] by around 13,785,921 shares. Additionally, 97 investors decreased positions by around 17,997,970 shares, while 36 investors held positions by with 68,583,211 shares. The mentioned changes placed institutional holdings at 100,367,102 shares, according to the latest SEC report filing. AU stock had 32 new institutional investments in for a total of 7,102,126 shares, while 23 institutional investors sold positions of 2,496,356 shares during the same period.