South32 (OTCMKTS:SOUHY) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of South32 (OTCMKTS:SOUHY) from a hold rating to a strong sell rating in a research report report published on Monday morning,Zacks.com reports.

Separately, Citigroup upgraded South32 from a “neutral” rating to a “buy” rating in a report on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, South32 has an average rating of “Hold”.

South32 Stock Performance

South32 stock opened at $16.05 on Monday. South32 has a 12-month low of $7.63 and a 12-month high of $16.89. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $15.50 and its two-hundred day moving average price is $12.71.

South32 Company Profile

South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32’s portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.

The company’s operations are organized by commodity and geography.