South32 Ltd. (OTCMKTS:SOUHY) Given Average Recommendation of “Reduce” by Brokerages

Shares of South32 Ltd. (OTCMKTS:SOUHY) have been assigned a consensus rating of “Reduce” from the six analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company.

SOUHY has been the topic of a number of recent research reports. Canaccord Genuity Group upgraded shares of South32 from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 23rd. Citigroup downgraded shares of South32 from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 28th. BNP Paribas upgraded shares of South32 to a “neutral” rating in a research report on Wednesday, April 23rd. Finally, The Goldman Sachs Group downgraded shares of South32 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 7th.

South32 Price Performance

South32 stock opened at $9.35 on Monday. The firm’s 50-day moving average is $9.76 and its 200-day moving average is $10.01. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 2.83. South32 has a 1 year low of $7.52 and a 1 year high of $13.04.

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.