AngloGold Ashanti Plc (AU) is -4.20% away from 50-day simple Moving Average despite all headwinds

AngloGold Ashanti Plc (NYSE: AU) on Monday, plunged -0.55% from the previous trading day, before settling in for the closing price of $27.29. Within the past 52 weeks, AU’s price has moved between $15.60 and $32.57.

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A company in the Basic Materials sector has jumped its sales by 7.16% annually for the last half of the decade. The company achieved an average annual earnings per share of 2597.01%. With a float of $418.79 million, this company’s outstanding shares have now reached $419.73 million.

In terms of profitability, gross margin is 26.84%, operating margin of 17.52%, and the pretax margin is 10.16%.

AngloGold Ashanti Plc (AU) Insider and Institutional Ownership

Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of AngloGold Ashanti Plc is 0.22%, while institutional ownership is 87.62%. The most recent insider transaction that took place on Sep 13 ’24, was worth 375,846.

AngloGold Ashanti Plc (AU) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2597.01% per share during the next fiscal year.

AngloGold Ashanti Plc (NYSE: AU) Trading Performance Indicators

AngloGold Ashanti Plc (AU) is currently performing well based on its current performance indicators. A quick ratio of 1.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.26. Likewise, its price to free cash flow for the trailing twelve months is 40.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.87 in one year’s time.

Technical Analysis of AngloGold Ashanti Plc (AU)

Let’s dig in a bit further. During the last 5-days, its volume was 2.67 million. That was better than the volume of 2.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.02%. Additionally, its Average True Range was 0.90.

During the past 100 days, AngloGold Ashanti Plc’s (AU) raw stochastic average was set at 46.92%, which indicates a significant increase from 9.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.67% in the past 14 days, which was higher than the 38.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.33, while its 200-day Moving Average is $24.80. However, in the short run, AngloGold Ashanti Plc’s stock first resistance to watch stands at $27.49. Second resistance stands at $27.83. The third major resistance level sits at $28.24. If the price goes on to break the first support level at $26.74, it is likely to go to the next support level at $26.33. The third support level lies at $25.99 if the price breaches the second support level.

AngloGold Ashanti Plc (NYSE: AU) Key Stats

Market capitalization of the company is 11.18 billion based on 419,730K outstanding shares. Right now, sales total 4,582 M and income totals -235,000 K. The company made 1,381 M in profit during its latest quarter, and 253,000 K in sales during its previous quarter.