Anglo American (LON:AAL) Sets New 12-Month Low - Time to Sell?

Shares of Anglo American plc (LON:AAL - Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 23.77 ($0.30) and last traded at GBX 2,369 ($29.55), with a volume of 12426698 shares trading hands. The stock had previously closed at GBX 2,369.50 ($29.56).

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AAL shares. Citigroup reissued a "top pick" rating on shares of Anglo American in a report on Thursday, December 12th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Anglo American in a report on Friday, November 22nd. Finally, Berenberg Bank reissued a "sell" rating and set a GBX 2,100 ($26.20) price target on shares of Anglo American in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,715 ($33.87).

Anglo American Stock Down 0.3 %

The stock has a 50-day moving average of GBX 2,396.14 and a 200-day moving average of GBX 2,330.03. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The firm has a market cap of £28.57 billion, a price-to-earnings ratio of -2,270.67, a P/E/G ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling

In other Anglo American news, insider Nonkululeko Nyembezi acquired 297 shares of Anglo American stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average cost of GBX 2,348 ($29.29) per share, with a total value of £6,973.56 ($8,699.55). 9.78% of the stock is owned by company insiders.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.