SOUTH32 Ltd/S (SOUHY) Lowered to Sell at ValuEngine
ValuEngine downgraded shares of SOUTH32 Ltd/S (OTCMKTS:SOUHY) from a hold rating to a sell rating in a report issued on Saturday.
Separately, Zacks Investment Research cut shares of SOUTH32 Ltd/S from a hold rating to a strong sell rating in a research note on Thursday. Three analysts have rated the stock with a sell rating and two have issued a buy rating to the company. SOUTH32 Ltd/S has a consensus rating of Hold.
Shares of SOUHY stock traded down $0.28 during trading on Friday, reaching $12.36. 50,306 shares of the company’s stock traded hands, compared to its average volume of 74,002. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.36 and a current ratio of 2.90. SOUTH32 Ltd/S has a 1 year low of $11.58 and a 1 year high of $16.05.
About SOUTH32 Ltd/S
South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, laterite ferronickel, silver, lead, and zinc.
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