South32 (OTCMKTS:SOUHY) Downgraded to “Strong Sell” Rating by Zacks Research

Zacks Research downgraded shares of South32 (OTCMKTS:SOUHY) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.

Separately, Citigroup upgraded shares of South32 from a “neutral” rating to a “buy” rating in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, South32 presently has a consensus rating of “Hold”.

South32 Stock Up 1.5%

SOUHY stock opened at $15.93 on Monday. The firm has a 50 day moving average of $15.50 and a 200-day moving average of $12.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.99 and a current ratio of 2.71. South32 has a 12 month low of $7.52 and a 12 month high of $16.89.

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.