South32 Ltd. (OTCMKTS:SOUHY – Get Free Report)’s share price gapped up before the market opened on Monday after Citigroup upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $13.74, but opened at $15.01. South32 shares last traded at $15.08, with a volume of 11,863 shares.
South32 Price Performance
The stock has a 50 day moving average of $15.40 and a 200 day moving average of $12.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.71 and a quick ratio of 1.99.
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.
Read More
Receive News & Ratings for South32 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 and related companies with MarketBeat.com's FREE daily email newsletter.
