KGHM Polska Miedz (OTCMKTS:KGHPF) Shares Down 3.5% – Should You Sell?

Shares of KGHM Polska Miedz S.A. (OTCMKTS:KGHPF) traded down 3.5% on Tuesday . The company traded as low as $90.00 and last traded at $90.00. 100 shares traded hands during trading, a decline of 92% from the average session volume of 1,194 shares. The stock had previously closed at $93.25.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating on shares of KGHM Polska Miedz in a research note on Monday, April 27th. Citigroup lowered shares of KGHM Polska Miedz from a “neutral” rating to a “sell” rating in a research note on Monday, February 16th. Finally, UBS Group upgraded shares of KGHM Polska Miedz to a “buy” rating in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

KGHM Polska Miedz Stock Down 0.1%

The company’s 50 day simple moving average is $88.22 and its 200 day simple moving average is $82.02.

KGHM Polska Miedz Company Profile

KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi?finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.

The company’s core operations are anchored in the Legnica?G?ogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.