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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Investec upgraded its AngloGold Ashanti Plc. [AU] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in mid August from “a Sector perform” to “a Sector underperform”. HSBC Securities also remained covering AU and has decreased its forecast on April 19, 2024 with a “Reduce” recommendation from previously “Hold” rating. HSBC Securities revised its rating on November 14, 2023. It rated AU as “a Hold” which previously was an “a Reduce”.
Price Performance Review of AU
On Tuesday, AngloGold Ashanti Plc. [NYSE:AU] saw its stock jump 2.54% to $31.45. Over the last five days, the stock has gained 14.16%. AngloGold Ashanti Plc. shares have risen nearly 68.27% since the year began. Nevertheless, the stocks have risen 61.61% 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 $28.79, while 200 days put it at $24.27.
Levels Of Support And Resistance For AU Stock
The 24-hour chart illustrates a support level at 30.91, which if violated will result in even more drops to 30.38. On the upside, there is a resistance level at 31.72. A further resistance level may holdings at 32.00. The Relative Strength Index (RSI) on the 14-day chart is 71.99, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.16%. Stochastics %K at 95.58% indicates the stock is a selling.
How much short interest is there in AngloGold Ashanti Plc.?
A steep rise in short interest was recorded in AngloGold Ashanti Plc. stocks on 2024-09-30, growing by 3.11 million shares to a total of 7.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.29 million shares. There was a rise of 41.98%, which implies that there is a positive sentiment for the stock.
