South32 Ltd (LON:S32) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 129.89 ($1.70) and last traded at GBX 130.40 ($1.70), with a volume of 612579 shares. The stock had previously closed at GBX 132.10 ($1.73).

Several analysts have recently commented on S32 shares. Jefferies Financial Group lowered their price target on shares of South32 from GBX 200 ($2.61) to GBX 170 ($2.22) and set a “hold” rating on the stock in a research report on Friday, October 11th. Deutsche Bank reiterated a “buy” rating on shares of South32 in a research report on Friday, August 23rd. UBS Group lowered shares of South32 to a “neutral” rating and lowered their price target for the company from GBX 170 ($2.22) to GBX 145 ($1.89) in a research report on Thursday, September 26th. Barclays reiterated an “overweight” rating on shares of South32 in a research report on Tuesday, August 13th. Finally, Liberum Capital upgraded shares of South32 to a “hold” rating in a research report on Wednesday, July 3rd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 199.17 ($2.60).

The firm’s 50-day moving average price is GBX 143.88 and its 200 day moving average price is GBX 169.37. The firm has a market capitalization of $6.47 billion and a price-to-earnings ratio of 17.16. The company has a debt-to-equity ratio of 8.89, a current ratio of 2.02 and a quick ratio of 1.34.

The firm also recently declared a dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, September 12th were given a $0.03 dividend. The ex-dividend date was Thursday, September 12th. This represents a dividend yield of 1.59%. South32’s dividend payout ratio is presently 0.66%.

In related news, insider Graham Kerr sold 1,971,241 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of GBX 247 ($3.23), for a total transaction of £4,868,965.27 ($6,362,165.52).

South32 Company Profile (LON:S32)

South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, laterite ferronickel, silver, lead, and zinc.

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