South32 Ltd. (OTCMKTS:SOUHY) Receives Average Rating of “Hold” from Analysts

Shares of South32 Ltd. (OTCMKTS:SOUHY) have been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company.

A number of brokerages recently commented on SOUHY. Zacks Research raised shares of South32 from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Jefferies Financial Group upgraded shares of South32 from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th.

South32 Stock Performance

OTCMKTS:SOUHY opened at $15.67 on Monday. South32 has a fifty-two week low of $7.52 and a fifty-two week high of $16.76. The company has a quick ratio of 1.83, a current ratio of 2.43 and a debt-to-equity ratio of 0.15. The stock’s 50-day moving average is $12.52 and its two-hundred day moving average is $10.64.

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.