South32 Ltd. (OTCMKTS:SOUHY) Receives Consensus Rating of “Hold” from Analysts

Shares of South32 Ltd. (OTCMKTS:SOUHY) have earned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have recently weighed in on SOUHY. The Goldman Sachs Group cut South32 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 7th. Jefferies Financial Group upgraded South32 from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Finally, Zacks Research cut South32 from a “hold” rating to a “strong sell” rating in a research report on Friday, September 19th.

South32 Stock Down 1.3%

Shares of South32 stock opened at $10.40 on Friday. The company has a current ratio of 2.43, a quick ratio of 1.83 and a debt-to-equity ratio of 0.15. The business’s 50 day simple moving average is $9.24 and its 200-day simple moving average is $9.33. South32 has a twelve month low of $7.52 and a twelve month high of $13.04.

South32 Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 16th. Investors of record on Monday, September 22nd were given a $0.1196 dividend. This represents a yield of 316.0%. The ex-dividend date was Friday, September 19th.

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.