Shares of South32 Ltd. (OTCMKTS:SOUHY - Get Free Report) gapped up before the market opened 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.
Analyst Ratings Changes
Several research analysts recently issued reports on SOUHY shares. UBS Group cut South32 from a "strong-buy" rating to a "hold" rating in a research report 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. BNP Paribas upgraded South32 to a "neutral" rating in a research note on Wednesday, April 23rd. Finally, Canaccord Genuity Group raised shares of South32 from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold".
Get Our Latest Analysis on South32
South32 Stock Up 4.2%
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 firm has a 50 day simple moving average of $9.35 and a 200 day simple moving average of $10.18.
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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