Anglo American plc (OTCMKTS:NGLOY) Given Average Rating of “Moderate Buy” by Brokerages

Anglo American plc (OTCMKTS:NGLOY) has been given a consensus recommendation of “Moderate Buy” by the nine ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company.

NGLOY has been the topic of several research analyst reports. Royal Bank of Canada raised Anglo American from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Barclays restated an “overweight” rating on shares of Anglo American in a research note on Wednesday, April 16th. Sanford C. Bernstein lowered Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Clarkson Capital upgraded Anglo American to a “strong-buy” rating in a report on Friday, February 28th. Finally, Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th.

Anglo American Trading Up 1.6%

Shares of NGLOY opened at $14.06 on Wednesday. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. Anglo American has a one year low of $11.18 and a one year high of $17.45. The company’s fifty day moving average price is $13.84 and its 200 day moving average price is $14.69.

Anglo American Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 14th. Stockholders of record on Friday, March 14th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, March 14th.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.