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

South32 (OTCMKTS:SOUHY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

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

South32 Trading Down 1.9%

Shares of SOUHY stock opened at $14.30 on Monday. South32 has a 1-year low of $8.07 and a 1-year high of $17.50. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.14. The stock’s fifty day simple moving average is $15.76 and its 200-day simple moving average is $14.82.

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.