Anglo American (LON:AAL) Reaches New 1-Year Low – Should You Sell?

Anglo American plc (LON:AAL)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 23.77 ($0.30) and last traded at GBX 2,369 ($29.55), with a volume of 12426698 shares changing hands. The stock had previously closed at GBX 2,369.50 ($29.56).

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank reissued a “sell” rating and issued a GBX 2,100 ($26.20) target price on shares of Anglo American in a research note on Thursday, October 24th. Finally, Citigroup reiterated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Anglo American has an average rating of “Moderate Buy” and an average target price of GBX 2,715 ($33.87).

Anglo American Stock Performance

The stock has a market capitalization of £28.24 billion, a P/E ratio of -2,244.23, a PEG ratio of 2.05 and a beta of 1.10. The stock’s 50-day simple moving average is GBX 2,396.14 and its 200 day simple moving average is GBX 2,330.03. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28.

Insider Buying and Selling at Anglo American

In other news, insider Nonkululeko Nyembezi bought 297 shares of the company’s stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of GBX 2,348 ($29.29) per share, for a total transaction of £6,973.56 ($8,699.55). Insiders own 9.78% of the company’s stock.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.