Anglo American (OTCMKTS:NGLOY) Stock Price Down 1.5%

Posted by Gary Stephens on Sep 3rd, 2024

Anglo American plc (OTCMKTS:NGLOY – Get Free Report)’s share price traded down 1.5% during mid-day trading on Monday . The company traded as low as $14.43 and last traded at $14.62. 135,000 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 426,974 shares. The stock had previously closed at $14.85.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Jefferies Financial Group downgraded Anglo American from a “buy” rating to a “hold” rating in a research note on Wednesday, May 29th. UBS Group upgraded shares of Anglo American from a “neutral” rating to a “buy” rating in a research report on Friday, July 26th. Finally, BNP Paribas raised shares of Anglo American from a “neutral” rating to an “outperform” rating in a research note on Friday, June 21st. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,900.00.

Check Out Our Latest Report on Anglo American

Anglo American Stock Down 1.5 %

The company’s 50-day simple moving average is $14.86 and its 200-day simple moving average is $14.37. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.85 and a quick ratio of 1.17.

Anglo American Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 4th. Investors of record on Friday, August 16th will be issued a $0.194 dividend. This is an increase from Anglo American’s previous dividend of $0.18. The ex-dividend date is Friday, August 16th.

Anglo American Company Profile

(Get Free Report)

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.