Anglo American (OTCMKTS:NGLOY) Trading Down 0.5% – What’s Next?

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

Wall Street Analyst Weigh In

NGLOY has been the subject of a number of analyst reports. UBS Group upgraded shares of Anglo American from a “neutral” rating to a “buy” rating in a research report on Friday, July 26th. Citigroup raised shares of Anglo American to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, Berenberg Bank cut Anglo American from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Anglo American Stock Performance

The company’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 current ratio of 1.98 and a quick ratio of 1.33.

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.