South32 (OTCMKTS:SOUHY) Stock Rating Upgraded by Zacks Research

South32 (OTCMKTS:SOUHY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Jefferies Financial Group raised shares of South32 from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. The Goldman Sachs Group cut South32 from a “strong-buy” rating to a “hold” rating in a report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

South32 Stock Performance

OTCMKTS SOUHY opened at $9.96 on Tuesday. South32 has a twelve month low of $7.52 and a twelve month high of $13.04. The stock has a 50-day simple moving average of $9.45 and a 200 day simple moving average of $9.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.43 and a quick ratio of 1.83.

About South32

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.