AngloGold Ashanti Plc. (NYSE:AU) price closed lower on Tuesday, April 16, dropping -2.18% below its previous close.
A look at the daily price movement shows that the last close reads $23.81. Taking into account the 52-week price action we note that the stock hit a 52-week high of $30.26 and 52-week low of $14.91. The stock added 5.82% on its value in the past month.
AngloGold Ashanti Plc., which has a market valuation of $9.77 billion, is expected to release its quarterly earnings report Feb 22, 2024 – Mar 01, 2024. The company stock has a Forward Dividend ratio of 0.04, while the dividend yield is 0.16%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give AU a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that AU’s price is at present 3.72% off the SMA20 and 13.44% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 58.24, with weekly volatility standing at 4.66%. The indicator jumps to 3.95% when calculated based on the past 30 days. AngloGold Ashanti Plc. (NYSE:AU)’s beta value is holding at 0.92, while the average true range (ATR) indicator is currently reading 0.95.
An analysis of the AngloGold Ashanti Plc. (NYSE:AU) stock in terms of its daily trading volume indicates that the 3-month average is 2.24 million.
Current records show that the company has 419.73M in outstanding shares. The percentage share held by institutions stands at 31.29%. But the 24.61% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
