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

Shares of South32 Ltd. (OTCMKTS:SOUHY) have received a consensus recommendation of “Hold” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Six investment 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 weighed in 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 upgraded South32 from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th.

South32 Price Performance

SOUHY opened at $16.07 on Monday. The firm has a fifty day moving average price of $12.29 and a 200 day moving average price of $10.54. South32 has a 1 year low of $7.52 and a 1 year high of $16.10. The company has a current ratio of 2.43, a quick ratio of 1.83 and a debt-to-equity ratio of 0.15.

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.