South32 Ltd. (OTCMKTS:SOUHY) Given Consensus Recommendation of “Hold” by Analysts

South32 Ltd. (OTCMKTS:SOUHY) has been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. Six equities 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 have recently commented on SOUHY. Zacks Research upgraded shares of South32 from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Jefferies Financial Group raised shares of South32 from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th.

South32 Stock Up 3.4%

OTCMKTS SOUHY opened at $12.44 on Thursday. The business has a fifty day moving average price of $11.01 and a 200 day moving average price of $10.03. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.43 and a quick ratio of 1.83. South32 has a one year low of $7.52 and a one year high of $12.48.

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.