Anglo American plc (OTCMKTS:NGLOY - Get Free Report) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 56,600 shares, a drop of 51.2% from the October 31st total of 116,000 shares. Based on an average trading volume of 562,400 shares, the short-interest ratio is currently 0.1 days.
Anglo American Stock Performance
Anglo American stock traded up $0.42 during midday trading on Thursday, reaching $15.17. The company's stock had a trading volume of 192,157 shares, compared to its average volume of 362,129. 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 has a 52 week low of $10.37 and a 52 week high of $17.60. The business has a 50-day moving average price of $15.29 and a 200-day moving average price of $15.14.
Wall Street Analyst Weigh In
A number of research firms recently commented on NGLOY. Citigroup raised Anglo American to a "strong-buy" rating in a research note on Wednesday, October 9th. Berenberg Bank downgraded shares of Anglo American from a "hold" rating to a "strong sell" rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".
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About Anglo American
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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.
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