AngloGold Ashanti Plc [AU] Stock trading around $27.18 per share: What’s Next?

AngloGold Ashanti Plc [NYSE: AU] gained 2.95% on the last trading session, reaching $27.18 price per share at the time.

If compared to the average trading volume of 3.21M shares, AU reached a trading volume of 3403663 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $36.97 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 1.60. 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.

RBC Capital Mkts have made an estimate for AngloGold Ashanti Plc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 03, 2024. The new note on the price target was released on November 21, 2024, representing the official price target for AngloGold Ashanti Plc stock. On August 19, 2024, analysts increased their price target for AU shares from 27 to 30.

The Average True Range (ATR) for AngloGold Ashanti Plc is set at 0.86, with the Price to Sales ratio for AU stock in the period of the last 12 months amounting to 2.77. The Price to Book ratio for the last quarter was 2.76, with the Price to Cash per share for the same quarter was set at 2.48. Price to Free Cash Flow for AU in the course of the last twelve months was 49.05 with Quick ratio for the last quarter at 1.14.

Trading performance analysis for AU stock

AngloGold Ashanti Plc [AU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.17. With this latest performance, AU shares gained by 5.55% in over the last four-week period, additionally sinking by -8.82% over the last 6 months – not to mention a rise of 55.58% 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 64.29, with the RSI for the last a single of trading hit 71.62, and the three-weeks RSI is set at 59.21 for AngloGold Ashanti Plc [AU]. The present Moving Average for the last 50 days of trading for this stock 25.04, while it was recorded at 26.04 for the last single week of trading, and 26.16 for the last 200 days.

AngloGold Ashanti Plc [AU]: A deeper dive into fundamental analysis

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.

An analysis of Institutional ownership at AngloGold Ashanti Plc [AU]

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%.