Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AngloGold Ashanti Plc shares valued at $101,780 were purchased by Doran Gillian on Dec 03 ’24. At $24.94 per share, Doran Gillian acquired 4,081 shares.
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Also, Ali Lisa purchased 3,650 shares, netting a total of over 94,718 in proceeds.
Before that, Marwick Lizelle had added 16,356 shares to its account. In a trade valued at $392,708, the Officer bought AngloGold Ashanti Plc shares for $24.01 each.
As published in a research note from RBC Capital Mkts on December 03, 2024, AngloGold Ashanti Plc [AU] has been rated up from a Sector perform to an Outperform and the price target has been revised to $31. Analysts at Scotiabank upgraded the stock from ‘”a Sector underperform”‘ to ‘”a Sector perform”‘ outlook in a report released in late November. As of October 18, 2024, Investec has increased its “Hold” rating to a “Buy” for AU. Earlier on August 19, 2024, Scotiabank downgraded its rating. Their new recommendation was “a Sector underperform” for AU stock which previously was a “a Sector perform”.
Analyzing AU Stock Performance
During the last five days, there has been a surge of approximately 0.39%. Over the course of the year, AngloGold Ashanti Plc shares have jumped approximately 37.77%. Shares of the company reached a 52-week high of $32.57 on 08/21/24 and a 52-week low of $15.80 on 01/22/24. A 50-day SMA is recorded $26.68, while a 200-day SMA reached $25.86. Nevertheless, trading volume fell to 6.02 million shares from 3.27 million shares the previous day.
Support And Resistance Levels for AngloGold Ashanti Plc (AU)
According to the 24-hour chart, there is a support level at 25.38, which, if violated, would cause prices to drop to 25.01. In the upper region, resistance lies at 26.43. The next price resistance is at 27.12. RSI (Relative Strength Index) is 49.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.71, which suggests the price will decrease in the coming days. Percent R is at 51.31%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
