AngloGold Ashanti Plc [NYSE: AU] stock went on a downward path that fall over -0.46% on Thursday, amounting to a one-week price decrease of less than -12.91%.
Over the last 12 months, AU stock rose by 40.99%. The one-year AngloGold Ashanti Plc stock forecast points to a potential upside of 32.99. The average equity rating for AU stock is currently 2.40, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $10.10 billion, with 420.70 million shares outstanding and 419.76 million shares in the current float. Compared to the average trading volume of 2.22M shares, AU stock reached a trading volume of 3080932 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on AngloGold Ashanti Plc [AU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AU shares is $35.83 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 2.40. 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 Plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 18, 2024. While these analysts kept the previous recommendation, Scotiabank raised their target price from $27 to $30. The new note on the price target was released on August 19, 2024, representing the official price target for AngloGold Ashanti Plc stock.
The Average True Range (ATR) for AngloGold Ashanti Plc is set at 1.09, with the Price to Sales ratio for AU stock in the period of the last 12 months amounting to 2.04. The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 2.97. Price to Free Cash Flow for AU in the course of the last twelve months was 36.20 with Quick ratio for the last quarter at 1.14.
AU Stock Performance Analysis:
AngloGold Ashanti Plc [AU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.91. With this latest performance, AU shares dropped by -14.25% in over the last four-week period, additionally sinking by -2.52% over the last 6 months – not to mention a rise of 40.99% 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 30.93, with the RSI for the last a single of trading hit 24.96, and the three-weeks RSI is set at 35.21 for AngloGold Ashanti Plc [AU]. The present Moving Average for the last 50 days of trading for this stock 27.69, while it was recorded at 25.11 for the last single week of trading, and 25.14 for the last 200 days.
Insight into AngloGold Ashanti Plc Fundamentals:
AngloGold Ashanti Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.14 and a Current Ratio set at 1.73.
AU Stock EPS
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 Plc go to 19.20%.
AngloGold Ashanti Plc [AU] Institutonal Ownership Details
The top three institutional holders of AU stocks are: VAN ECK ASSOCIATES CORP with ownership of 22.84 million shares, which is approximately 5.4239%. VANGUARD GROUP INC, holding 16.89 million shares of the stock with an approximate value of $$424.33 million in AU stocks shares; and VANGUARD GROUP INC, currently with $$392.16 million in AU stock with ownership which is approximately 3.7058%.
