South32 (OTCMKTS:SOUHY) Stock Crosses Above 200 Day Moving Average – What’s Next?

South32 Ltd. (OTCMKTS:SOUHYGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.22 and traded as high as $15.54. South32 shares last traded at $15.54, with a volume of 39,189 shares.

Analyst Upgrades and Downgrades

SOUHY has been the topic of a number of recent analyst reports. Zacks Research upgraded South32 from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Citigroup reaffirmed a “neutral” rating on shares of South32 in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on South32

South32 Trading Down 0.4%

The stock’s 50 day moving average is $13.86 and its 200-day moving average is $11.22. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.43 and a quick ratio of 1.83.

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.

Further Reading

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