South32 Ltd. (OTCMKTS:SOUHY) Receives Average Recommendation of “Hold” from Brokerages

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

A number of research firms recently commented on SOUHY. Citigroup restated a “neutral” rating on shares of South32 in a report on Tuesday, February 10th. Zacks Research upgraded shares of South32 from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th.

South32 Price Performance

Shares of SOUHY stock opened at $15.54 on Friday. South32 has a fifty-two week low of $7.52 and a fifty-two week high of $16.76. The stock’s 50-day moving average is $13.86 and its two-hundred day moving average is $11.22. The company has a quick ratio of 1.83, a current ratio of 2.43 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.