Anglo American (LON:AAL) Trading Down 10.4% - Should You Sell?

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

Wall Street Analyst Weigh In

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

Anglo American Stock Performance

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 firm has a market capitalization of £34.88 billion, a P/E ratio of -21.12, a P/E/G ratio of 2.05 and a beta of 1.10. The stock's 50 day moving average is GBX 2,075.41 and its two-hundred day moving average is GBX 2,286.96.

Insider Activity

In related news, insider John Heasley sold 18,877 shares of the firm's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($28.91), for a total value of £402,646.41 ($545,665.28). Insiders purchased 25 shares of company stock worth $54,658 over the last quarter. 9.78% of the stock is currently owned by company insiders.

Anglo American Company Profile

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.