South32 Ltd. (OTCMKTS:SOUHY - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.14, but opened at $9.82. South32 shares last traded at $9.51, with a volume of 862 shares trading hands.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on SOUHY shares. Canaccord Genuity Group upgraded South32 from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 23rd. BNP Paribas upgraded shares of South32 to a "neutral" rating in a research report on Wednesday, April 23rd. UBS Group lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, Citigroup downgraded shares of South32 from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".
View Our Latest Report on South32
South32 Stock Down 0.2%
The business has a fifty day moving average of $9.39 and a 200 day moving average of $10.14. The company has a quick ratio of 1.98, a current ratio of 2.83 and a debt-to-equity ratio of 0.15.
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.
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