AngloGold Ashanti Plc (NYSE: AU) is 28.46% higher on its value in year-to-date trading and has touched a low of $15.80 and a high of $32.57 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 $24.12 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $24.01, the stock is -13.82% and -13.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.08 million and changing -0.46% at the moment leaves the stock -4.50% off its SMA200. AU registered 40.99% gain for a year compared to 6-month gain of -2.52%. The firm has a 50-day simple moving average (SMA 50) of $27.6918 and a 200-day simple moving average (SMA200) of $25.1418.
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The stock witnessed a -14.25% loss in the last 1 month and extending the period to 3 months gives it a -23.71%, and is -12.91% down 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 3.63% over the week and 3.12% over the month.
Current P/E ratio is 294.24 and Fwd P/E is 6.24. Profit margin for the company is 0.73%. Distance from 52-week low is 51.96% and -26.28% from its 52-week high. The company has generated returns on investments over the last 12 months (0.59%).
The EPS is expected to grow by 2538.39% this year
The shares outstanding are 420.70M, and float is at 419.76M with Short Float at 2.84%.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 22.84 million shares valued at $573.97 million. The investor’s holdings represent 5.4239 of the AU Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.89 million shares valued at $424.33 million to account for 4.0098 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.61 million shares representing 3.7058 and valued at over $392.16 million, while BARCLAYS PLC holds 2.2172 of the shares totaling 9.34 million with a market value of $234.63 million.
