South32 Ltd. (OTCMKTS:SOUHY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $9.92, but opened at $9.56. South32 shares last traded at $9.87, with a volume of 1,826 shares traded.
Analysts Set New Price Targets
SOUHY has been the topic of a number of recent research reports. Canaccord Genuity Group raised South32 from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 23rd. UBS Group cut shares of South32 from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Citigroup lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. The Goldman Sachs Group cut shares of South32 from a "strong-buy" rating to a "hold" rating in a report on Monday. Finally, BNP Paribas upgraded shares of South32 to a "neutral" rating in a 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. According to MarketBeat, the stock presently has a consensus rating of "Hold".
Get Our Latest Stock Analysis on SOUHY
South32 Price Performance
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 has a 50 day moving average price of $9.67 and a two-hundred day moving average price of $10.11.
About South32
(
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.
Featured Articles
Before you consider South32, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and South32 wasn't on the list.
While South32 currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
