Anglo American (LON:AAL) Trading Down 10.4% - Time to Sell?

Shares of Anglo American plc (LON:AAL - Get Free Report) traded down 10.4% during trading on Monday . The stock traded as low as GBX 2,143 ($29.04) and last traded at GBX 2,220 ($30.09). 3,296,987 shares were traded during trading, a decline of 11% from the average session volume of 3,716,995 shares. The stock had previously closed at GBX 2,477.11 ($33.57).

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AAL shares. Berenberg Bank reiterated a "sell" rating and set a GBX 2,100 ($28.46) price target on shares of Anglo American in a research report on Wednesday, April 9th. JPMorgan Chase & Co. increased their price target on Anglo American from GBX 2,160 ($29.27) to GBX 2,190 ($29.68) and gave the company a "neutral" rating in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Anglo American presently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,522.50 ($34.18).

Anglo American Price Performance

The company's 50 day simple moving average is GBX 2,075.41 and its two-hundred day simple moving average is GBX 2,286.96. The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28. The stock has a market capitalization of £33.79 billion, a P/E ratio of -20.46, a PEG ratio of 2.05 and a beta of 1.10.

Insider Transactions at Anglo American

In other news, insider John Heasley sold 18,877 shares of Anglo American stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of GBX 2,133 ($28.91), for a total value of £402,646.41 ($545,665.28). Over the last three months, insiders have purchased 25 shares of company stock worth $54,658. Corporate insiders own 9.78% of the company's stock.

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.