South32 Ltd. (OTCMKTS:SOUHY - Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 27,400 shares, agrowthof62.1% from the June 30th total of 16,900 shares. Based on an average daily volume of 136,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 136,300 shares, the days-to-cover ratio is presently 0.2 days.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Citigroup lowered South32 from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. The Goldman Sachs Group downgraded South32 from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 7th. BNP Paribas raised South32 to a "neutral" rating in a research report on Wednesday, April 23rd. Finally, Canaccord Genuity Group raised South32 from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to data from MarketBeat, South32 has an average rating of "Hold".
Get Our Latest Report on South32
South32 Price Performance
SOUHY traded up $0.22 on Friday, reaching $9.81. The company had a trading volume of 76,702 shares, compared to its average volume of 79,963. The company has a quick ratio of 1.98, a current ratio of 2.83 and a debt-to-equity ratio of 0.15. The company's fifty day moving average is $9.74 and its 200 day moving average is $9.96. South32 has a fifty-two week low of $7.52 and a fifty-two week high of $13.04.
South32 Company Profile
(
Get Free Report)
South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.
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