Anglogold Ashanti Stock Hits New 52-Week Low (AU)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Anglogold Ashanti (NYSE: AU) hit a new 52-week low Tuesday as it is currently trading at $29.28, below its previous 52-week low of $29.51 with 430,244 shares traded as of 10:06 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Anglogold Ashanti has a market cap of $11.7 billion and is part of the basic materials sector and metals & mining industry. Shares are down 2.8% year to date as of the close of trading on Monday.

AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces by-products, such as silver, uranium oxide, and sulfuric acid. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Anglogold Ashanti Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

President Trump Has Become 'Something of an Albatross' to the Stock Market, Jim Cramer Says