South32 Ltd. (OTCMKTS:SOUHY) Receives Average Recommendation of “Reduce” from Analysts

South32 Ltd. (OTCMKTS:SOUHY) has earned a consensus recommendation of “Reduce” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company.

Several analysts have recently weighed in on SOUHY shares. Zacks Research lowered shares of South32 from a “hold” rating to a “strong sell” rating in a report on Friday, September 19th. Jefferies Financial Group cut South32 from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, The Goldman Sachs Group downgraded South32 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 7th.

South32 Trading Up 2.6%

Shares of OTCMKTS:SOUHY opened at $8.68 on Tuesday. The company’s fifty day moving average is $9.21 and its 200-day moving average is $9.46. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.83 and a current ratio of 2.43. South32 has a 52 week low of $7.52 and a 52 week high of $13.04.

South32 Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, October 16th. Shareholders of record on Monday, September 22nd will be issued a dividend of $0.1196 per share. The ex-dividend date of this dividend is Friday, September 19th. This represents a yield of 316.0%.

South32 Company Profile

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.