The AngloGold Ashanti Limited (NYSE:AU) is going up by 0.10% in today’s trading session, a rise equivalent to 0.02% of the stock’s price from yesterday’s market close. A news came out on 05/10/19 stating that Time to Invest in South Africa? by BARRONS. The lowest point that the shares touched during the trading session was $18.9238, while the peak of the day was recorded at a share price of $19.82. AU finished the previous session at $19.15 according to the data provided by Barchart, while the trading volume was observed to be $1123681.
In the 100 days of trading, AU managed to top a 19.86% Moving average. Additionally, AngloGold Ashanti Limited shares have achieved a 52-week range between 9.17 and 23.85 alongside 100 days raw stochastic set at 32.72%.
The number of shares outstanding, according to the fundamentals of the company, is set at 423.45M, equal to the value of $8.11B in market capitalization. In the last 30 days, AngloGold Ashanti Limited shares went down by -16.62%, adding 22.93 to growth in value, on top of a +1.32% boost since 10/08/19.
AngloGold Ashanti Limited (NYSE:AU) Analyst’s Estimates
According to the average analyst rating, AngloGold Ashanti Limited would be rated as Overweight. Out of 10 different analysts monitoring AU stock, 6 analysts rate the stock as a BUY, 1 suggest to give the rating of HOLD, 0 indicate that AU is an OVERWEIGHT, 2 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On June 27, 2019, the stock earned a Upgrade rating due to a new analyst call from BMO Capital Markets, while analysts from RBC Capital Mkts believe that the stock is set at Outperform from Sector Perform, as concluded on June 26, 2019. Citigroup, is still rather wary about the stock, deciding to keep the rating at Sell as confirmed through a call on November 06, 2018.
JP Morgan, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on October 16, 2017, giving the stock a Overweight from the Neutral rating.
AU Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +16.43% has been attained, while the operating margin has been recorded at +11.92%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.91%. Beta value of the stock is recorded at -0.92. Additionally, AngloGold Ashanti Limited is recording price volatility of 3.11% for the period of the last seven days and 3.95% in the last 30 days.
AngloGold Ashanti Limited (NYSE:AU) Technical Outlook
For the period of the last 50 days, AngloGold Ashanti Limited had its Raw Stochastic average set at 20.04% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 6.16%. Stochastic %K for AngloGold Ashanti Limited, with the last 20 days included, was set at 8.15%, having Stochastic %D topping 12.89%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for AngloGold Ashanti Limited stocks with recording 52.59% in metrics.
AngloGold Ashanti Limited Insider Watch:
Similarly, 42.15% of the company’s float is held by institutions – and there are 233 institutions in total holding shares of this company. The top three institutional holders of AU stocks are: Van Eck Associates Corporation with ownership of $470.0 million, which is approximately 26428733 of the company’s shares; Blackrock Inc., holding 17378854 shares of the stock with an approximate value of $309.0 million; and Paulson & Company, Inc., currently with more than 12782400 shares of the company valued at $227.0 million. Positions in AngloGold Ashanti Limited stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.