South32 Ltd. (OTCMKTS:SOUHY - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $10.18, but opened at $9.74. South32 shares last traded at $9.67, with a volume of 6,914 shares trading hands.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Canaccord Genuity Group upgraded South32 from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 23rd. BNP Paribas upgraded South32 to a "neutral" rating in a research note on Wednesday, April 23rd. The Goldman Sachs Group lowered South32 from a "strong-buy" rating to a "hold" rating in a report on Monday, July 7th. Citigroup lowered South32 from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 28th. Finally, UBS Group lowered South32 from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".
Read Our Latest Stock Analysis on South32
South32 Stock Performance
The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 2.83. The firm has a 50 day simple moving average of $9.67 and a two-hundred day simple moving average of $10.10.
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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