South32 (OTCMKTS:SOUHY) Upgraded by Zacks Research to Hold Rating
by Doug Wharley · The Cerbat GemSouth32 (OTCMKTS:SOUHY – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.
Separately, Citigroup reissued a “buy” rating on shares of South32 in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Analysis on South32
South32 Price Performance
OTCMKTS SOUHY opened at $14.30 on Monday. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.14. The firm’s fifty day moving average price is $15.76 and its two-hundred day moving average price is $14.82. South32 has a 1 year low of $8.07 and a 1 year high of $17.50.
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.