Free Trial

Short Interest in Anglo American plc (OTCMKTS:NGLOY) Grows By 490.4%

Anglo American logo with Basic Materials background

Anglo American plc (OTCMKTS:NGLOY - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 67,300 shares, an increase of 490.4% from the March 15th total of 11,400 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 315,600 shares, the short-interest ratio is presently 0.2 days.

Anglo American Stock Performance

Shares of NGLOY traded up $0.14 during mid-day trading on Friday, reaching $13.46. 203,327 shares of the company's stock traded hands, compared to its average volume of 259,777. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98. The business's 50-day moving average price is $14.34 and its 200-day moving average price is $14.94. Anglo American has a 12 month low of $11.18 and a 12 month high of $17.60.

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 paid a dividend of $0.11 per share. The ex-dividend date is Friday, March 14th.

Analyst Upgrades and Downgrades

A number of research firms have commented on NGLOY. Clarkson Capital raised Anglo American to a "strong-buy" rating in a 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 report on Tuesday, March 18th. Barclays reaffirmed an "overweight" rating on shares of Anglo American in a report on Wednesday. Citigroup downgraded Anglo American from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 24th. Finally, Sanford C. Bernstein downgraded Anglo American from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

View Our Latest Stock Analysis on NGLOY

About Anglo American

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Anglo American Right Now?

Before you consider Anglo American, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Anglo American wasn't on the list.

While Anglo American currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy the Fear: 3 Down Stocks That Could 10x Your Profits
Congress Bought THESE Stocks as Tariffs Tanked the Market
5 Stocks to BUY Now as Tariff Uncertainty Fades

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines