Anglo American (LON:AAL) Sets New 1-Year Low Following Insider Selling

Anglo American plc (LON:AAL - Get Free Report) hit a new 52-week low on Thursday after an insider sold shares in the company. The company traded as low as GBX 1,983.80 ($25.25) and last traded at GBX 1,984.20 ($25.26), with a volume of 20971086 shares traded. The stock had previously closed at GBX 2,150 ($27.37).

Specifically, insider John Heasley sold 18,877 shares of the business's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($27.15), for a total value of £402,646.41 ($512,533.62).

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AAL. Citigroup reaffirmed a "top pick" rating on shares of Anglo American in a research note on Thursday, December 12th. JPMorgan Chase & Co. upped their price target on Anglo American from GBX 2,160 ($27.49) to GBX 2,190 ($27.88) and gave the company a "neutral" rating in a report on Wednesday, February 19th. Finally, Berenberg Bank reissued a "sell" rating and set a GBX 2,000 ($25.46) price objective on shares of Anglo American in a research note on Monday, March 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 2,681.67 ($34.14).

Anglo American Stock Up 2.1 %

The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. The stock has a market cap of £28.13 billion, a price-to-earnings ratio of -17.04, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The business's 50 day moving average is GBX 2,328.22 and its 200 day moving average is GBX 2,352.78.

About Anglo American

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.