South32 (OTCMKTS:SOUHY) Rating Lowered to "Strong Sell" at Zacks Research

Key Points

• Zacks Research downgraded South32 from "hold" to "strong sell" on Monday, while Citigroup upgraded the stock to "buy," leaving analysts split (1 Strong Buy, 1 Buy, 3 Hold, 1 Sell) and an overall average rating of "Hold."
• Shares and fundamentals: SOUHY opened at $15.93 (up ~1.5%), with solid liquidity (current ratio 2.71, quick ratio 1.99), low leverage (debt/equity 0.14), and a one‑year trading range of $7.52–$16.89 (50‑day MA $15.50, 200‑day MA $12.69).

South32 (OTCMKTS:SOUHY - Get Free Report) was downgraded by stock analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a report issued on Monday,Zacks.com reports.

Separately, Citigroup upgraded shares of South32 from a "neutral" rating to a "buy" rating in a research note on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold".

South32 Trading Up 1.5%

Shares of SOUHY stock opened at $15.93 on Monday. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average price of $15.50 and a two-hundred day moving average price of $12.69. South32 has a one year low of $7.52 and a one year high of $16.89.

About South32

South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32's portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.

The company's operations are organized by commodity and geography.

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