South32 (OTCMKTS:SOUHY) Raised to “Hold” at Zacks Research

South32 (OTCMKTS:SOUHY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Citigroup restated a “buy” rating on shares of South32 in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

South32 Stock Performance

Shares of South32 stock opened at $14.30 on Monday. South32 has a twelve month low of $8.07 and a twelve month high of $17.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.99 and a current ratio of 2.71. The business has a 50-day moving average price of $15.76 and a 200 day moving average price of $14.82.

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.