South32 (OTCMKTS:SOUHY) Stock Rating Lowered by Citigroup

South32 (OTCMKTS:SOUHY) was downgraded by equities researchers at Citigroup from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

A number of other brokerages have also issued reports on SOUHY. BNP Paribas raised South32 to a “neutral” rating in a research note on Wednesday, April 23rd. UBS Group lowered South32 from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Finally, Canaccord Genuity Group raised South32 from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, South32 presently has a consensus rating of “Hold”.

South32 Stock Down 1.3%

Shares of OTCMKTS:SOUHY opened at $9.67 on Wednesday. The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average price is $9.15 and its 200-day moving average price is $10.47. South32 has a 1 year low of $7.52 and a 1 year high of $13.30.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.