South32 Ltd. (OTCMKTS:SOUHY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $17.06 and last traded at $17.00, with a volume of 11707 shares trading hands. The stock had previously closed at $16.58.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the stock. Citigroup reiterated a “buy” rating on shares of South32 in a research note on Tuesday. Zacks Research downgraded South32 from a “hold” rating to a “strong sell” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Analysis on South32
South32 Stock Performance
About South32
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.
Further Reading
- Five stocks we like better than South32
- Qualcomm’s TikTok AI Chip Deal Rewrites the Rules
- Shake Shack Insiders Buy as SHAK Stock Faces More Pressure
- Rocket Lab Keeps Making Headlines and Highs—Here’s What’s Driving the Latest Move
- Micron’s $1 Trillion Memory Melt-Up
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.
