Anglo American (OTCMKTS:NGLOY) Trading Down 0.5% – Here’s What Happened

Anglo American plc (OTCMKTS:NGLOY) shares fell 0.5% during mid-day trading on Tuesday . The stock traded as low as $14.61 and last traded at $14.69. 231,823 shares traded hands during trading, a decline of 36% from the average session volume of 364,300 shares. The stock had previously closed at $14.76.

Analysts Set New Price Targets

Several research firms have commented on NGLOY. Berenberg Bank lowered Anglo American from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. UBS Group raised shares of Anglo American from a “neutral” rating to a “buy” rating in a research note on Friday, July 26th. Finally, Citigroup upgraded shares of Anglo American to a “strong-buy” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Anglo American Price Performance

The business’s 50 day moving average is $15.18 and its 200 day moving average is $15.21. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98.

Anglo American Company Profile

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.