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South32 (OTCMKTS:SOUHY) Hits New 1-Year Low - What's Next?

South32 logo with Basic Materials background

South32 Limited (OTCMKTS:SOUHY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $7.97 and last traded at $8.25, with a volume of 237071 shares traded. The stock had previously closed at $9.25.

Wall Street Analyst Weigh In

SOUHY has been the topic of a number of recent analyst reports. UBS Group lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Citigroup reiterated a "buy" rating on shares of South32 in a research note on Tuesday, March 25th.

Read Our Latest Analysis on SOUHY

South32 Trading Up 5.7 %

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.85 and a current ratio of 2.39. The firm has a fifty day moving average price of $10.71 and a 200 day moving average price of $11.26.

South32 Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Friday, March 7th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, March 7th. This is a positive change from South32's previous dividend of $0.14.

South32 Company Profile

(Get Free Report)

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.

See Also

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