AngloGold Ashanti (AU) NewsBite - Higher Gold Boosts AU
Posted: Tuesday, September 22, 2009 10:29 AM EDT
By: Market Intelligence Center Staff
AngloGold Ashanti (NYSE: AU) opened at $42.76. So far today, the stock has hit a low of $42.10 and a high of $42.96. AU is now trading at $42.21, up $0.21 (0.5%). Over the last 52 weeks the stock has ranged from a low of $13.37 to a high of $45.64. AU shares are rising this morning, helped by higher gold futures. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for AU. If you are looking for a hedged play on AU the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 35 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE AngloGold Ashanti (AU) Stock ReportSee what our analysts have uncovered about AngloGold Ashanti (AU).