In a filing, AngloGold Ashanti Plc. revealed its Officer Cheuiche Godoy Marcelo acquired Company’s shares for reported $0.38 million on Sep 13 ’24. In the deal valued at $27.40 per share,13,717 shares were bought.
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Scotiabank downgraded its AngloGold Ashanti Plc. [AU] rating to a Sector underperform from a a Sector perform in a research note published on August 19, 2024; the price target was increased to $30 from $27. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in mid April from “a Hold” to “a Reduce”. HSBC Securities also remained covering AU and has increased its forecast on November 14, 2023 with a “Hold” recommendation from previously “Reduce” rating. Morgan Stanley revised its rating on October 18, 2023. It rated AU as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of AU
On Tuesday, AngloGold Ashanti Plc. [NYSE:AU] saw its stock fall -1.27% to $25.61. Over the last five days, the stock has lost -5.74%. AngloGold Ashanti Plc. shares have risen nearly 37.03% since the year began. Nevertheless, the stocks have risen 60.56% over the past one year. While a 52-week high of $32.57 was reached on 08/21/24, a 52-week low of $15.60 was recorded on 01/22/24. SMA at 50 days reached $28.74, while 200 days put it at $23.77.
Levels Of Support And Resistance For AU Stock
The 24-hour chart illustrates a support level at 25.35, which if violated will result in even more drops to 25.10. On the upside, there is a resistance level at 25.74. A further resistance level may holdings at 25.88. The Relative Strength Index (RSI) on the 14-day chart is 33.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.04%. Stochastics %K at 5.65% indicates the stock is a buying.
How much short interest is there in AngloGold Ashanti Plc.?
A steep rise in short interest was recorded in AngloGold Ashanti Plc. stocks on 2024-09-13, dropping by -0.18 million shares to a total of 5.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 5.54 million shares. There was a decline of -3.31%, which implies that there is a negative sentiment for the stock.
