South32 (OTCMKTS:SOUHY) Hits New 1-Year High – Here’s Why

South32 Ltd. (OTCMKTS:SOUHYGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $19.07 and last traded at $18.99, with a volume of 3520 shares. The stock had previously closed at $18.40.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Zacks Research raised shares of South32 from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. Citigroup restated a “buy” rating on shares of South32 in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Check Out Our Latest Report on SOUHY

South32 Price Performance

The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $16.19 and a 200 day moving average price of $15.77.

South32 Company Profile

(Get Free Report)

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.

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