AngloGold Ashanti Plc. (NYSE:AU) traded at $21.18 at last check on Monday, March 18, made a downward move of -3.77% on its previous day’s price.
Looking at the stock we see that its previous close was $22.01. The company has a trailing 12-month PE ratio of 228.72. In terms of its 52-week price range, AU has a high of $30.26 and a low of $14.91. The company’s stock has gained about 24.37% over that past 30 days.
AngloGold Ashanti Plc. has a market cap of $8.89 billion and is expected to release its quarterly earnings report on Feb 22, 2024 – Mar 01, 2024. With its Forward Dividend at 0.23 and a yield of 1.07%, the company’s investors could be anxious for the AU stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the AU stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the AU stock currently stands at 11.91, and the most recent price level today is 5.28% off its SMA20 and 14.96% from its 50-day simple moving average. The RSI (14) is pointing at 57.34 while the volatility over the past week is 3.18% and jumps to 3.21% over the past one month. The beta value is 0.90, while the average true range (ATR) is currently pointing at 0.78.
Coming back to AngloGold Ashanti Plc. (NYSE:AU), we note that the average 3-month trading volume was 1.92 million, while that of the preceding 10-day period stands at 2.78 million. Current shares outstanding are 419.69 million.
The institutions hold 29.77%. The data shows that short shares as of Feb 29, 2024, stood at 6.6 million at a short ratio of 3.73. This represents a 1.57% short interest in shares outstanding on Feb 29, 2024. Shares short fall in February from the previous month at 7.52 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 13.32% up in year-to-date price movement.
