Anglo American (OTCMKTS:NGLOY) Shares Gap Down - Should You Sell?

Anglo American (OTCMKTS:NGLOY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $15.09, but opened at $14.66. Anglo American shares last traded at $14.73, with a volume of 275,097 shares traded.

Wall Street Analysts Forecast Growth

Separately, Barclays reaffirmed an "overweight" rating on shares of Anglo American in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Anglo American currently has a consensus rating of "Moderate Buy".

Anglo American Stock Down 1.7%

The stock's 50 day moving average is $14.53 and its two-hundred day moving average is $14.51. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.29 and a current ratio of 1.86.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.

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