South32 (LON:S32) Trading 0.6% Higher - What's Next?

South32 Limited (LON:S32 - Get Free Report)'s stock price traded up 0.6% during trading on Friday . The company traded as high as GBX 144.40 ($1.96) and last traded at GBX 144.20 ($1.95). 172,093 shares were traded during trading, a decline of 52% from the average session volume of 361,543 shares. The stock had previously closed at GBX 143.40 ($1.94).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upgraded South32 to a "hold" rating and set a GBX 125 ($1.69) target price on the stock in a report on Wednesday, April 23rd.

South32 Stock Down 0.3%

The firm has a market capitalization of £7.95 billion, a price-to-earnings ratio of 99.35, a P/E/G ratio of 7.26 and a beta of 0.91. The stock has a 50 day moving average of GBX 137.91 and a 200 day moving average of GBX 163.01.

South32 Company Profile

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.