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

Shares of Anglo American plc (OTCMKTS:NGLOY) have been given an average rating of “Moderate Buy” by the eight analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

A number of analysts have recently weighed in on the company. Clarkson Capital upgraded Anglo American to a “strong-buy” rating in a research report on Friday, February 28th. Royal Bank of Canada raised shares of Anglo American from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Sanford C. Bernstein lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Citigroup cut shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th.

Anglo American Stock Down 3.7 %

Shares of NGLOY stock opened at $13.98 on Tuesday. Anglo American has a 1 year low of $12.51 and a 1 year high of $17.60. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a 50 day simple moving average of $15.08 and a 200 day simple moving average of $15.17.

Anglo American Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, March 14th will be given a $0.11 dividend. The ex-dividend date of this dividend is 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.