Anglo American plc (OTCMKTS:NGLOY) Given Average Recommendation of "Moderate Buy" by Brokerages

Anglo American plc (OTCMKTS:NGLOY - Get Free Report) has earned a consensus rating of "Moderate Buy" from the nine ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have recently commented on NGLOY. Royal Bank of Canada upgraded Anglo American from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 18th. Clarkson Capital upgraded Anglo American to a "strong-buy" rating in a research report on Friday, February 28th. Barclays reiterated an "overweight" rating on shares of Anglo American in a research report on Wednesday, April 16th. Sanford C. Bernstein downgraded Anglo American from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Finally, Citigroup downgraded Anglo American from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 24th.

Anglo American Trading Down 3.7%

Shares of OTCMKTS:NGLOY traded down $0.53 on Wednesday, reaching $13.80. 190,911 shares of the company traded hands, compared to its average volume of 257,266. Anglo American has a fifty-two week low of $11.18 and a fifty-two week high of $17.45. The company's 50 day moving average is $13.86 and its 200-day moving average is $14.72. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33.

Anglo American Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 14th. Shareholders of record on Friday, March 14th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, March 14th.

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.