AngloGold Ashanti Plc. (NYSE: AU) is 14.18% higher on its value in year-to-date trading and has touched a low of $14.91 and a high of $30.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AU stock was last observed hovering at around $21.08 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $21.34, the stock is 1.82% and 13.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 1.23% at the moment leaves the stock 12.86% off its SMA200. AU registered -1.79% loss for a year compared to 6-month gain of 17.58%. The firm has a 50-day simple moving average (SMA 50) of $2.28 and a 200-day simple moving average (SMA200) of $10.77.
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The stock witnessed a 16.42% loss in the last 1 month and extending the period to 3 months gives it a 13.03%, and is 0.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.31% over the week and 3.40% over the month.
Current P/E ratio is 230.45 and Fwd P/E is 9.79. Profit margin for the company is 0.85%. Distance from 52-week low is 43.13% and -29.49% from its 52-week high. The company has generated returns on investments over the last 12 months (0.64%).
AngloGold Ashanti Plc. quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 1881.34% this year.
AngloGold Ashanti Plc. (AU) Top Institutional Holders
450 institutions hold shares in AngloGold Ashanti Plc. (AU), with institutional investors hold 64.63% of the company’s shares. The shares outstanding are 419.69M, and float is at 419.69M with Short Float at 1.57%. Institutions hold 64.58% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 25.8 million shares valued at $550.55 million. The investor’s holdings represent 0.00% of the AU Shares outstanding. As of Dec 30, 2023, the second largest holder is Russell Investments Group, Ltd. with 3.22 million shares valued at $68.61 million to account for 0.00% of the shares outstanding. The other top investors are First Eagle Investment Management, LLC which holds 6.0 million shares representing 0.00% and valued at over $128.11 million, while Blackrock Inc. holds 0.00% of the shares totaling 14.94 million with a market value of $318.9 million.
