AngloGold Ashanti Limiteds in-depth data and chart pattern analysis indicates that the stock price has rallied 1.22% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -28.28% . Looking at the past 52 week period, the stock price is down -4.61% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of AngloGold Ashanti Limited has a negative value of -23.23 compared to overall market performance.
AngloGold Ashanti Limited stock has recorded a 20-day Moving Average of 9.27% and the 50-Day Moving Average is 1.19%.The 200 Day SMA reached 22.65%AngloGold Ashanti Limited is having a Relative Strength Index of 40.23 which indicates the stock is not yet over sold or over bought based on the technical indicators.AngloGold Ashanti Limited (NYSE:AU) has tumbled 10.16% during the past week and has dropped 3.42% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 10.77%. AngloGold Ashanti Limited (NYSE:AU) has underperformed the index by 6.38% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
AngloGold Ashanti Limited (NYSE:AU) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.24 points or 2.03% at $11.59 with 3,770,065 shares getting traded. Post opening the session at $11.93, the shares hit an intraday low of $11.5 and an intraday high of $11.95 and the price was in this range throughout the day. The company has a market cap of $4,729 million and the number of outstanding shares has been calculated to be 408,003,690 shares. The 52-week high of AngloGold Ashanti Limited (NYSE:AU) is $22.91 and the 52-week low is $9.28.
Institutional Investors own 35.38% of AngloGold Ashanti Limited shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AngloGold Ashanti Limited (ADR) was Downgraded by Citigroup to Sell on Feb 22, 2017.
AngloGold Limited is the largest gold producer at 7 million ounces a year, with reserves of 126 m oz. The company has operations in six countries on three continents, some of which are joint ventures, as well as exploration activities in ten countries. AngloGold can be financially characterized by high cash generation, substantial reinvestment in long-term growth and the payment of significant dividends. The company distinguishes itself from its producer peer group through its active involvement in the development of the gold market, particularly in Asia.