Anglo American plc (LON:AAL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,242.20 ($30.46) and traded as high as GBX 2,242.39 ($30.46). Anglo American shares last traded at GBX 2,170 ($29.48), with a volume of 2,159,462 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank cut their price target on shares of Anglo American from GBX 2,000 ($27.17) to GBX 1,900 ($25.81) and set a "sell" rating for the company in a report on Thursday, July 3rd.
Read Our Latest Stock Analysis on Anglo American
Anglo American Stock Performance
The stock's 50-day moving average is GBX 2,149.30 and its 200-day moving average is GBX 2,242.20. 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 cap of £34.25 billion, a price-to-earnings ratio of -20.74, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10.
Insider Activity at Anglo American
In other news, insider Magali Anderson acquired 341 shares of the firm's stock in a transaction on Wednesday, June 25th. The stock was bought at an average cost of GBX 2,044 ($27.77) per share, with a total value of £6,970.04 ($9,468.88). Also, insider Stuart J. Chambers purchased 859 shares of the business's stock in a transaction that occurred on Wednesday, June 25th. The stock was bought at an average cost of GBX 2,044 ($27.77) per share, for a total transaction of £17,557.96 ($23,852.68). Over the last quarter, insiders have acquired 1,578 shares of company stock worth $3,228,564. Company insiders own 9.78% of the company's stock.
About Anglo American
(
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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.
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