South32 (LON:S32) Stock Price Down 0.1% – Should You Sell?

South32 Limited (LON:S32) shares traded down 0.1% on Friday . The stock traded as low as GBX 171.57 ($2.13) and last traded at GBX 172.20 ($2.14). 130,731 shares were traded during trading, a decline of 63% from the average session volume of 351,403 shares. The stock had previously closed at GBX 172.40 ($2.14).

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on S32 shares. Citigroup lowered shares of South32 to a “neutral” rating in a report on Thursday, December 12th. Canaccord Genuity Group restated a “sell” rating and set a GBX 120 ($1.49) target price on shares of South32 in a research report on Friday, December 13th. Finally, Canaccord Genuity Group reissued a “sell” rating and issued a GBX 120 ($1.49) price target on shares of South32 in a research note on Friday, December 13th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 200.75 ($2.49).

South32 Price Performance

The firm has a market cap of £7.77 billion, a P/E ratio of -1,565.45, a price-to-earnings-growth ratio of 7.26 and a beta of 0.91. The firm has a fifty day simple moving average of GBX 180.71 and a 200-day simple moving average of GBX 175.52.

South32 Company Profile

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.