South32 (OTCMKTS:SOUHY) Shares Gap Up – What’s Next?

South32 Ltd. (OTCMKTS:SOUHYGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $13.66, but opened at $14.32. South32 shares last traded at $14.27, with a volume of 4,352 shares traded.

Analyst Ratings Changes

Several research firms have recently weighed in on SOUHY. Zacks Research upgraded South32 from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Citigroup reissued a “buy” rating on shares of South32 in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Check Out Our Latest Analysis on South32

South32 Price Performance

The business has a 50-day simple moving average of $15.09 and a two-hundred day simple moving average of $15.15. 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 Company Profile

(Get Free Report)

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.

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