As of Thursday close, AngloGold Ashanti Limited’s (NYSE:AU) stock was down -$0.45, moving down -2.30 percent to $19.08. The average number of shares traded per day over the past five days has been 2,234,240 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.47 fall in that time frame. In the last twenty days, the average volume was 2,113,715, while in the previous 50 days, it was 2,226,150.
Since last month, AU stock retreated -7.56%. Shares of the company fell to $19.03 on 08/03/23, the lowest level in the past month. A 52-week high of $30.26 was reached on 05/04/23 after having rallying from a 52-week low of $11.94. Since the beginning of this year, AU’s stock price has dropped by -1.75% or -$0.34, and marked a new high 16 times. However, the stock has declined by -36.96% since its 52-week high.
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Valuation Metrics
Right now, AngloGold Ashanti Limited (AU) has a P/E ratio of about 26.99. The stock’s beta is 0.67. Besides these, the trailing price-to-sales (P/S) ratio of 1.78, the price-to-book (PB) ratio of 1.96, and the price-to-cash flow ratio of 142.78 may also be considered.
The latest dividend of $0.1770 per share was paid out, which is -39.69% less than last year’s $0.2935. On Wednesday February 22 2023, a $0.1165 dividend decrease was announced.
Financial Health
In the recent quarter, AngloGold Ashanti Limited’s quick ratio stood at 1.60, while its current ratio was 2.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.50, and the total debt-to-equity ratio was 0.53. On the profitability front, the trailing twelve-month gross margin is 25.30% percent. In the recent year, EBITDA margin amounted to 32.81%, whereas operating margins totaled 11.50%. Based on annual data, AU earned $1.13 billion in gross profit and brought in $4.5 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.50%. Return on equity (ROE) for the past 12 months was 7.30%.
AU’s revenue rose 1.94% during the quarter, while net income inched up to $4.5 billion. During the quarter, the company generated $107.0 million in EBITDA. The liabilities of AngloGold Ashanti Limited were 3.8 billion at the end of its most recent quarter, and its total debt was $2.13 billion.
Technical Picture
This quick technical analysis looks at AngloGold Ashanti Limited’s (AU) price momentum. With a historical volatility rate of 54.74%, the RSI 9-day stood at 22.85% on 03 August.
With respect to its five-day moving average, the current AngloGold Ashanti Limited price is down by -11.46% percent or -$2.47. At present, AU shares trade -4.02% below its 20-day simple moving average and +8.35% percent above its 100-day simple moving average. However, the stock is currently trading approximately -21.38% below its SMA50 and +54.12% above its SMA200.
Stochastic coefficient K was 2.71% and Stochastic coefficient D was 20.36%, while ATR was 0.72. Given the Stochastic reading of 1.19% for the 14-day period, the RSI (14) reading has been calculated as 28.14%. As of today, the MACD Oscillator reading stands at -1.74, while the 14-day reading stands at -2.27.
Analyst Ratings
AngloGold Ashanti Limited downgraded its rating on AngloGold Ashanti Limited (NYSE: AU) to a Sell in a note to investors on September 30, 2022. The analysts firm previously had a Buy rating on the stock.AngloGold Ashanti Limited (AU) has been rated Hold by analysts. According to 2 brokerage firms, AU is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate AngloGold Ashanti Limited stock as buy, with 2 recommending it as overweight.
With a median target price of $20.68, the current consensus forecast for the stock is $15.41 – $28.00. Based on these forecasts, analysts predict AngloGold Ashanti Limited (AU) will achieve an average price target of $21.89.
